Government chooses to keep oil costs unaltered

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ISLAMABAD – The legislature has chosen to keep oil based commodity costs unaltered for May with an expect to lift income accumulation.

In an announcement today (Sunday), the Ministry of Finance affirmed there will be no adjustment in the costs of oil based commodities.

The Oil and Gas Regulatory Authority (OGRA) had proposed a cut in engine fuel, fast diesel and climb in lamp fuel and light diesel costs.

The national exchequer is required to win inside the scope of Rs 2 billion to Rs 3 billion from the offers of oil based goods.

From one month from now, oil will be sold at Rs74 per liter, rapid diesel Rs83 per liter, lamp oil Rs44 per liter and light diesel oil Rs44 per liter.

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