{"id":66035,"date":"2020-05-31T10:00:25","date_gmt":"2020-05-31T05:00:25","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=66035"},"modified":"2020-05-29T17:45:02","modified_gmt":"2020-05-29T12:45:02","slug":"ogra-proposes-further-reduction-in-oil-prices","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/ogra-proposes-further-reduction-in-oil-prices.html","title":{"rendered":"OGRA proposes further reduction in oil prices"},"content":{"rendered":"\n<p>Islamabad: The Oil and Gas Regulatory Authority (OGRA) has recommended additional reductions in oil prices (proposed to come into effect starting June 1) along with submitting a summary to the petroleum division on the same, according to a news source.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/petroleum-division-submit-pakistans-first-ever-oil-hedging-plan-before-ecc.html\" target=\"_blank\" rel=\"noreferrer noopener\">Petroleum Division to submit Pakistan\u2019s first-ever oil hedging plan before ECC<\/a><\/p>\n\n\n\n<p>As per the publication, OGRA recommends an additional cut of PKR 7.6 per litre in petrol price, while the per-litre cut proposed for kerosene oil is PKR 11.88. Contrary to the proposed reduction in price of petrol on kerosene oil, the authority recommended an increase in price of diesel by 5-paisa per litre; while it recommended a reduction of PKR 9.37 per litre for light diesel.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/crude-oil-rates-fall-negative-in-us.html\" target=\"_blank\" rel=\"noreferrer noopener\">Crude oil rates fall negative in US, plummet in international markets<\/a><\/p>\n\n\n\n<p>The final decision with respect to the recommended drop in price of oil products rests with the Ministry of Finance, which has to consult with Prime Minister (PM) Imran Khan for approval. Following a massive drop in price of petroleum products in the international market, the government had previously reduced the price of petrol by PKR 27.15 in May.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/oil-gas-reserves-discovered-upper-punjab.html\" target=\"_blank\" rel=\"noreferrer noopener\">Oil and gas reserves discovered in upper Punjab: Pakistan Oilfields Limited<\/a><\/p>\n\n\n\n<p>Here is the current price of various oil products in Pakistan:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Product<\/td><td>Price Per Litre<\/td><\/tr><tr><td>Petrol<\/td><td>PKR 81.58<\/td><\/tr><tr><td>High Speed Diesel<\/td><td>PKR 80.1<\/td><\/tr><tr><td>Light Diesel<\/td><td>PKR 47.51<\/td><\/tr><tr><td>Kerosene Oil<\/td><td>PKR 47.44<\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Oil and Gas Regulatory Authority (OGRA) has recommended additional reductions in oil prices (proposed to come into effect starting June 1) along with submitting a summary to the petroleum division on the same, according to a news source. Read: Petroleum Division to submit Pakistan\u2019s first-ever oil hedging plan before ECC As per the publication, OGRA recommends an additional cut of PKR 7.6 per litre in petrol price, while the per-litre cut proposed for kerosene oil is PKR 11.88. Contrary to the proposed reduction in price of petrol on kerosene oil, the authority recommended an increase in price of diesel by 5-paisa per litre; while it recommended a reduction of PKR 9.37 per litre for light diesel. Read: Crude oil rates fall negative in US, plummet in international markets The final decision with respect to the recommended drop in price of oil products rests with the Ministry of Finance, which has to consult with Prime Minister (PM) Imran Khan for approval. Following a massive drop in price of petroleum products in the international market, the government had previously reduced the price of petrol by PKR 27.15 in May. Read: Oil and gas reserves discovered in upper Punjab: Pakistan Oilfields&hellip;<\/p>\n","protected":false},"author":18,"featured_media":66037,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15012,15016],"tags":[30438,30440,30439],"persona":[],"class_list":{"0":"post-66035","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-allied-industries","8":"category-new-developments","9":"tag-oil-price-in-pakistan","10":"tag-petrol-price-pakistan-june-2020","11":"tag-reduction-proposed-in-oil-pirce","12":"cat-15012-id","13":"cat-15016-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>OGRA proposes further reduction in oil prices - Zameen News<\/title>\n<meta name=\"description\" content=\"Contrary to the proposed reduction in price of petrol on kerosene oil, the authority recommended an increase in price of diesel by\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/ogra-proposes-further-reduction-in-oil-prices.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OGRA proposes further reduction in oil prices - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Contrary to the proposed reduction in price of petrol on kerosene oil, the authority recommended an increase in price of diesel by\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/ogra-proposes-further-reduction-in-oil-prices.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-31T05:00:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/05\/ogra.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Samra Zulfiqar\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Samra Zulfiqar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"OGRA proposes further reduction in oil prices - Zameen News","description":"Contrary to the proposed reduction in price of petrol on kerosene oil, the authority recommended an increase in price of diesel by","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/ogra-proposes-further-reduction-in-oil-prices.html","og_locale":"en_US","og_type":"article","og_title":"OGRA proposes further reduction in oil prices - Zameen News","og_description":"Contrary to the proposed reduction in price of petrol on kerosene oil, the authority recommended an increase in price of diesel by","og_url":"https:\/\/www.zameen.com\/news\/ogra-proposes-further-reduction-in-oil-prices.html","og_site_name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2020-05-31T05:00:25+00:00","og_image":[{"width":1170,"height":400,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/05\/ogra.png","type":"image\/png"}],"author":"Samra Zulfiqar","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Samra Zulfiqar","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/ogra-proposes-further-reduction-in-oil-prices.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/ogra-proposes-further-reduction-in-oil-prices.html"},"author":{"name":"Samra Zulfiqar","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/9810bc80e0f6830dcb87310b88ef6293"},"headline":"OGRA proposes further reduction in oil prices","datePublished":"2020-05-31T05:00:25+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/ogra-proposes-further-reduction-in-oil-prices.html"},"wordCount":231,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/ogra-proposes-further-reduction-in-oil-prices.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/05\/ogra.png","keywords":["oil price in pakistan","petrol price pakistan june 2020","reduction proposed in oil pirce"],"articleSection":["Allied Industries","New Developments"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/ogra-proposes-further-reduction-in-oil-prices.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/ogra-proposes-further-reduction-in-oil-prices.html","url":"https:\/\/www.zameen.com\/news\/ogra-proposes-further-reduction-in-oil-prices.html","name":"OGRA proposes further reduction in oil prices - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/ogra-proposes-further-reduction-in-oil-prices.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/ogra-proposes-further-reduction-in-oil-prices.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/05\/ogra.png","datePublished":"2020-05-31T05:00:25+00:00","description":"Contrary to the proposed reduction in price of petrol on kerosene oil, the authority recommended an increase in price of diesel by","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/ogra-proposes-further-reduction-in-oil-prices.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/ogra-proposes-further-reduction-in-oil-prices.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/ogra-proposes-further-reduction-in-oil-prices.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/05\/ogra.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/05\/ogra.png","width":1170,"height":400},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/ogra-proposes-further-reduction-in-oil-prices.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"OGRA proposes further reduction in oil prices"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/9810bc80e0f6830dcb87310b88ef6293","name":"Samra Zulfiqar","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/Samra-96x96.jpg","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/Samra-96x96.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/Samra-96x96.jpg","caption":"Samra Zulfiqar"},"description":"Samra Zulfiqar, a real estate analyst at Zameen.com, is passionate about finding projects that offer buyers the best returns. Her keen insights spotlight the market\u2019s most promising opportunities.","url":"https:\/\/www.zameen.com\/news\/author\/samra"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/66035","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=66035"}],"version-history":[{"count":1,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/66035\/revisions"}],"predecessor-version":[{"id":66038,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/66035\/revisions\/66038"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/66037"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=66035"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=66035"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=66035"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=66035"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}