ISLAMABAD – In order to increase burden of oil price on general public, the Oil and Gas Regulatory Authority (OGRA) has sent a summary to Ministry of Finance suggesting a hike in prices of petroleum products.

In the summary, the OGRA has requested the ministry to raise the price of petrol by Rs 2.96 per litre, diesel Rs 2.18 per liter and price of kerosene oil by Rs 17.55/litre.

Earlier, on February 15, Finance Minister Ishaq Dar had approved an increase in prices of petroleum products effective from January 16.

The prices of petrol and diesel had been increased by Rs 1 per litre, while the prices of kerosene oil and light-speed diesel were not changed.