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Ogra predicts petrol prices to keep rising till March 2022

The Oil and Gas Regulatory Authority (Ogra) has predicted further increase in the petroleum prices and told the Senate Standing Committee on Cabinet Secretariat that the prices of petroleum products will continue to go up till March 2022. Chairman Ogra Masroor Khan briefed the committee about the increase in prices of petroleum products. Khan said that the imported diesel costs Rs109 per litre at the port and, other expenses and taxes are additional Rs25. The committee rejected the ogra chairman’s brief and questioned why the prices are increased every 15 days when the country has the capacity to store oil for 22 days. JUI-F’s Senator Muhammad Talha Mahmood, who is heading the committ.

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