Petroleum Products Prices retains at same level in August

OGRA: The Petroleum Products Prices are retains same for the month of August, Caretaker finance minister announced on yesterday.

The petroleum prices have been retained at current levels in order to provide relief to the common man, the notification mentioned, adding that the Oil and Gas Regulatory Authority (OGRA) had requested bumping up the rates owing to higher costs in the global market.

Accordingly, prices of petrol, diesel, kerosene, and light diesel will remain at per-litre rates of Rs95.24, Rs112.94, Rs83.96, and Rs75.37, respectively.

The notification further added that the general sales tax (GST) had to be slashed in order to maintain the current petroleum prices.

New Government will be able to make changes after  15th August, 2018.