Petroleum prices to stay unchanged for May

ISLAMABAD (Staff Report) – Federal Finance Minister Ishaq Dar on Thursday announced the petroleum prices will remain unchanged for the month of May.

Dar, while talking to reporters, said the summary of price hike for petroleum products has been rejected by the government.

Earlier the Oil and Gas Regulatory Authority (OGRA) had sent the summary seeking a Rs 01 per litre cut in the petrol price and Rs1.6 per litre in diesel price.

OGRA had also recommended hike in HOBC and kerosene oil prices by Rs9.43 and Rs2.11 per litre respectively.

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