Prices of petroleum products likely to rise sharply

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Prices of petroleum products likely to rise sharply
Prices of petroleum products likely to rise sharply
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ISLAMABAD: OGRA has sent a proposal to the government for a major increase in petroleum products. According to Sources, preparations are being made to increase the price of petroleum products by Rs 7 per litre from December 16. It has been proposed to increase the price of petrol by Rs 5 per litre.

According to sources, OGRA has sent a summary to the Petroleum Division. However, New prices will be announced tomorrow after the approval of the Prime Minister. The finance ministry will announce the new prices. The new prices will be valid for 15 days.

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