The Oil and Gas Regulatory Authority (OGRA) termed the news of an increase in prices of petroleum products as speculation.
OGRA has issued an explanation regarding the news of an increase in the prices of petroleum products. OGRA has termed the news of price hikes as speculation and said that speculation regarding prices should be avoided.
It may be recalled that earlier it was reported in the media that OGRA had sent a summary to the Finance Ministry in which it was recommended to increase the prices of petroleum products by Rs five to six.
