OGRA allows oil tankers association to hike fares

MG News | November 10, 2017 at 06:14 PM GMT+05:00

0:00

Oil and Gas Regulatory Authority (OGRA) has hiked prices of petroleum products on Friday after conceding to demands of oil tankers association.

The regulatory body has issued a notification of hike in fares of oil tankers prompting the association to reverse the strike call issued for Monday.

Earlier the association had warned the government of protests and strike starting from Monday in case the owners were not allowed to hike fares. It should be mentioned here that protests by oil tankers association have resulted in severe shortage of petrol across Pakistan in the past.

Lahore among other major cities have borne the brunt of such strikes in the past with commuters stranded without petrol on roads.

Related News

Name	Price/Vol	%Chg/NChg
KSE100	156,177.82 367.85M	-0.00% -3.12
ALLSHR	95,630.38 1,498.37M	-0.06% -60.44
KSE30	47,678.47 206.79M	-0.08% -35.92
KMI30	229,682.22 174.86M	-0.02% -39.87
KMIALLSHR	64,366.76 638.47M	-0.08% -53.31
BKTi	41,922.80 89.51M	-0.11% -46.72
OGTi	31,735.79 16.87M	-0.80% -255.97

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	115,860.00	117,685.00 114,850.00	-1230.00 -1.05%
BRENT CRUDE	67.91	68.59 67.62	-0.56 -0.82%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-0.40 -0.47%
ROTTERDAM COAL MONTHLY	93.50	93.50 93.50	0.15 0.16%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	63.97	64.67 63.69	-0.55 -0.85%
SUGAR #11 WORLD	16.23	16.59 16.23	-0.33 -1.99%