5 to 15pc cut in petroleum prices

ISLAMABAD - The government Saturday cut down the prices of petroleum products including petrol, diesel and kerosene oil by 5 to 15 per cent for this fortnight (November 16-30) with the sharp drop in prices of crude oil in the international market, according to a notification issued on Saturday.

The spokesman for Oil and Gas Regulatory Authority (OGRA) said that keeping the current declining trend in the international crude oil prices, the petroleum products’ prices were reduced with petrol by Rs 10, HOBC by Rs 15, diesel Rs 7 and kerosene oil by Rs 5 per litre respectively for the consecutive second fortnight.