Petrol price likely to increase today: sources

The price of petroleum products in the country for the remaining days of May will increase, sources said Monday, as the Oil and Gas Regulatory Authority (OGRA) sent a summary to the Petroleum Division for bringing the prices up.

The price of diesel and petrol will witness an increase of Rs3.25 and Rs1.90, sources said, adding the final change in the price of the petroleum products will be made by the Ministry of Finance after consultations with Prime Minister Imran Khan.

Moreover, the new prices of petroleum products will be determined today (May 17), as opposed to the regular mid-month date (the 15th), a spokesperson for OGRA had said last week.

The spokesperson said due to the May 8-16 curbs and Eid holidays, it was decided that the new prices would be decided on Monday, May 17.