The Oil & Gas Regulatory Authority (Ogra) has sent a summary to Prime Minister Imran Khan for the approval to increase the price of petrol by Rs5.90 per litre, Geo News has reported. The petrol prices are likely to be increased on October 16, 2021 as per sources of Geo News.

If approved, The petrol prices can reach up to Rs133.2. In addition, Ogra has recommenced an increase in high-speed diesel price by Rs10.

In early October, the government had increased the price of petrol by Rs4 per litre taking its price to a record level of Rs127.30 per litre.