OGRA, the Oil and Gas Regulatory Authority has recommended an increase of Rs20 per litre in petrol prices for the month of March 2021.
As being reported, in the summary sent to the Petroleum Division, the regulatory body has recommended prices of petrol and diesel to be increased by Rs 20.07 and Rs19.61, respectively.
The increase is recommended on the basis of a Rs 30 levy on every single litre of petroleum products.
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The current levy on petrol is Rs 17.97 per litre. While the current levy on diesel is Rs 18.36 per litre.
As being reported the final decision for an increase of petroleum products prices will be taken by the Ministry of Finance in consultation with the prime minister.
The prices for the petroleum products are revised every 15 days.
The current prices are as following:
Petrol: Rs111.90 per litre
High-speed diesel: Rs116.07 per litre
Kerosene oil: Rs80.19 per litre
Light diesel: Rs79.23 per litre