Nominal cut in petrol price

Islamabad: The administration on Thursday reported an ostensible reduction of 48 paisa in the cost of petrol for November as opposed to Ogra's recommendation of Rs2.48
for every litre cut. The cost has tumbled from Rs113.24 to Rs112.76 for every litre. The costs of other petroleum items saw an ostensible decrease. In its outline sent to the petroleum service on Wednesday Ogra proposed a lessening in the petrol cost. Sources said the proposal was dependent upon costs in the worldwide market throughout the previous 25 days. As per a legislature warning, with a decline of 0.20 paisa the new cost of Hsd (high velocity diesel), the most generally expended petroleum item in the nation, is Rs116.75 for every litre. The cost of Ldo (light diesel oil) remained unaltered at Rs 101.24 for every litre. There is a 0.13 paisa for every litre diminish in the cost of Sko (lamp oil), cutting it down to Rs108 for every litre. The Ogra rundown proposed a bring up in the costs of all the three items. Just the lessening in the cost of Hobc (high octane mixing segment) is as consistent with the Ogra rundown — Rs2.67 for every litre. The new cost of the item is Rs141.23 for every litre. The costs of flying fuel likewise enrolled a slight diminish, with Jp-1 moved down to Rs96.35 for every litre with a cut of 0.07 paisa and that of Jp-4 to Rs88.59 with 0.93 paisa and Jp-8 to Rs96 with 0.07 paisa. The cost of E-10 (bio-mixed fuel) has been lessened by 0.48 paisa to 110.26 for every litre.