Finance minister announced to cut in prices of petroleum: ISLAMABAD: Financing Priest Hammad Azhar introduced on Wednesday a Rs1.50 per litre cut in the rate of petroleum while a Rs3 per litre decline in that of diesel.
He announced the decrease in costs of oil items throughout a press conference in Islamabad.
The Oil and Gas Regulatory Authority (OGRA) sent out a summary to the Petroleum Division for revision of fuel prices for the month of April. It recommended a Rs1.50 per litre cut in fuel cost as well as a Rs 2.50 per litre decrease in diesel.
On March 15, the federal government had actually made a decision versus raising the prices of petrol as well as high-speed diesel in the nation, declining a recap sent by the Ogra.