OGRA suggests 6.4% reduction in POL prices for December

News Image

MG News | November 29, 2019 at 02:36 PM GMT+05:00

0:00

November 29, 2019: Oil and Gas Regulatory Authority (OGRA) Friday forwarded a price-revision summary to the Petroleum Division to determine rates of petroleum products for the month of December.

As per the summary, the authority has suggested decrease of Rs2.90 (3.4 percent) in per liter price of Light Diesel Oil (LDO), Rs2.40 (1.9 percent) in High Speed Diesel (HSD), Rs0.25 (0.2 percent) in Motor Spirit Petrol and Rs0.83 (0.9 percent) in Kerosene oil, official sources privy to petroleum sector developments told APP.

The authority has recommended reducing LDO per liter price from Rs85.33 to Rs82.43, HSD from Rs127.41 to Rs125.01, MS Petrol from Rs114.24 to Rs113.99 and Kerosene oil from Rs97.18 to 96.35.

However, the finance ministry will formally notify the revised prices after final approval on November 30, which would be effective from December 1.

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 138,597.36
256.32M
-0.05%
-68.14
ALLSHR 85,286.16
608.38M
-0.48%
-413.35
KSE30 42,340.81
77.13M
-0.03%
-12.33
KMI30 193,554.51
76.19M
-0.83%
-1627.52
KMIALLSHR 55,946.05
305.11M
-0.79%
-443.10
BKTi 38,197.97
16.53M
-0.59%
-225.01
OGTi 27,457.35
6.73M
-0.94%
-260.91
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,670.00 121,165.00
117,035.00
-1620.00
-1.36%
BRENT CRUDE 69.23 70.77
69.14
-0.29
-0.42%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.03 67.54
65.93
-0.20
-0.30%
SUGAR #11 WORLD 16.79 17.02
16.71
0.05
0.30%

Chart of the Day


Latest News
July 18, 2025 at 07:21 PM GMT+05:00

Pakistan strengthens UK trade links


July 18, 2025 at 05:36 PM GMT+05:00

Pakistan, China set to advance agricultural innovation


July 18, 2025 at 05:10 PM GMT+05:00

PSX Closing Bell: Riding High, Ending Low



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg