Tuesday, March 1, 2011

OGRA hikes fuel prices

The Oil and Gas Regulatory Authority (OGRA) on Monday increased petrol prices by 9.9 percent, reflecting the global rise in oil, the state OGRA said, in a move that could create fresh problems for the government.
The OGRA has increased price of petrol (motor spirit) by Rs 7.23 per litre; Diesel by Rs 7.76 per liter.
Light diesel prices rose by 9.9 percent to 73.21 rupees a litre, an increase of 6.60 rupees.
The increase on Monday saw the price of petrol raised to 80.19 rupees ($0.93) a litre from 72.96 rupees, the OGRA said in a

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