Oil and Gas Regulatory Authority (ORGA) has announced cut in prices of three petroleum products up to Rs. 5.05 per liter effective from today June 1, 2011.
OGRA has notified reduction in prices of petrol by Rs 1.70 per litre, kerosene oil by Rs 5.05 per litre and High Speed Diesel (HSD) Rs 3.20 per litre. The new prices of petrol, kerosene oil and HSD would be Rs 86.71 per litre, Rs 84.65 per litre and Rs 94.11 per litre respectively.
Addressing a press conference, OGRA spokesman, Syed Jawad Naseem, said that the government had de-regulated prices of all petroleum products except kerosene oil, effective from June 1.
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