The federal government has slashed the price of petroleum products up to 3.4 per cent “to provide relief to the consumers”. According to an official, the new prices will come into effect from Sunday, December 1, 2019. The Oil and Gas Regulatory Authority (Ogra) had recommended to reduce price of Light Diesel Oil around Rs 2.9 per litre and a nominal reduction in the prices of petrol by Rs0.25 or 0.2 per cent.
Source: Express Tribune
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