Petrol price likely to increase

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KARACHI-

The petroleum prices are likely to go up this month, sources said.

According to sources, Oil and Gas Regulatory Authority (Ogra) is likely to suggest an increase of Rs1.45 per litre in petrol price, Rs1.56 in High Speed Diesel (HSD) and Rs4.20 per litre in High Octane Blending Component (HOBC) price while Light Diesel Oil (LDO) and kerosene oil is likely to decrease by Rs. 1.28 per litre and Rs.1.35 per litre respectively.

However, sources informed that Petroleum Ministry are trying to keep the petroleum prices unchanged.