Petroleum costs more likely to enhance by June 1

Petroleum prices likely to increase by June 1
With respect to world rise in oil costs, Oil & Gasoline Regulatory Authority (OGRA) has drafted abstract to extend petroleum costs on Thursday.

The drafted abstract can be despatched to Petroleum Ministry whereas petrol value can be elevated to Rs 1.50, excessive pace diesel Rs 3.80, high-octane Rs 5.60, kerosene oil Rs 3.40 and lightweight diesel value can be elevated to 2.90.