Petrol price likely to be reduced

Slamabad: The legislature is liable to lessen the cost of petrol by more than Rs2 for every litre yet keep the rates of other petroleum items practically unaltered for November, as per sources. The Oil and Gas Regulatory Authority (Ogra) sent a rundown to the petroleum service on Wednesday under which the cost of petrol was proposed to be diminished by Rs2.48 a litre — from Rs113.25 to Rs110.77. The powers had raised petrol cost by Rs4.12 for every litre on Oct 1. Sources said the Ogra rundown was dependent upon costs in the global market throughout the most recent 25 days. The rundown recommended that the costs of High Speed Diesel (Hsd), Light Diesel Oil (Ldo) and lamp fuel oil be raised somewhat. The cost of Hsd, the most generally depleted petroleum item in the nation, was proposed to be expanded by 18 paisa for every litre, carrying it to Rs117.13 from Rs116.95 for every litre. This fuel's value was raised by Rs4.69 for every litre for October. The rundown proposed an increment of 64 paisa a litre in the cost of Ldo, which is utilized to run tubewells and pumps in the streamlined part. The fuel's proposed cost is Rs101.88 for every litre as contrasted with Rs101.24 beforehand. The cost of lamp fuel, which is utilized for cooking as a part of remote ranges, might go up by 57 paisa for every litre, taking it to Rs108.7 from Rs108.13 a litre. The cost of high octane mixing part (Hobc) may be lessened by Rs2.67 for every litre, to Rs141.23 from the existing rate of Rs143.9. The costs of flying fills are to a great extent proposed to remain unaltered, consistent with sources. The powers will advise the new costs after approbation by the executive on Thursday