"In its recommendations sent to the Petroleum Ministry, OGRA proposed a small hike in the price of petrol by Rs. 0.85, High Octane by Rs. 2.18 and Kerosene by Rs. 3.97 per litre", Geo news reported.
The summary has been forwarded to petroleum ministry which will announce the new prices of petroleum prices after consulting with Finance Minster Ishaq Dar.
The new oil prices will take effect from June 1, 2016.