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Petroleum prices will not be raised: Asad Umar
ISLAMABAD: Finance Minister Asad Umar on Friday has rejected the speculation surrounding the prices of petroleum products and said that it will not be raised while speaking to media in Islamabad. According to details, the Oil and Gas Regulatory Authority has put forward a summary to the petroleum division which asked an increase of up […]
ISLAMABAD: Finance Minister Asad Umar on Friday has rejected the speculation surrounding the prices of petroleum products and said that it will not be raised while speaking to media in Islamabad.
According to details, the Oil and Gas Regulatory Authority has put forward a summary to the petroleum division which asked an increase of up to Rs10 in the prices of petroleum products.
Moreover, the authority recommended an increase of Rs6.21 per litre in petrol prices, Rs2 per litre in diesel prices, Rs9.91 in kerosene oil prices and Rs7.79 in light diesel prices.
The finance minister, however, has assured that the Pakistan Tehreek-e-Insaf’s (PTI) government will not increase prices of petroleum products but instead they are working on reducing their prices.
Last month, the PTI government had raised petrol prices by Rs5 per litre.
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