OGRA rejects rumors of Rs73 petrol and Rs84 diesel further hike

The Oil and Gas Regulatory Authority (OGRA) has dismissed circulating social media reports claiming increases in petroleum product prices, calling them “baseless and false.”

In a statement released on Tuesday, OGRA’s spokesperson clarified that no summary recommending a petrol price hike of Rs 73.40 per litre or a diesel increase of Rs 84.95 per litre has been submitted to the Prime Minister’s office.

The spokesperson emphasized that the circulating figures have no connection to official decisions or procedures.

“These claims are entirely unfounded and have no basis in reality,” the statement said.

The spokesperson urged the public not to rely on unverified information spreading on social media, warning that such reports are fabricated and misleading.

The development comes amid the ongoing war in the Mideast, which has disrupted oil prices. 

Pakistan already hiked the prices of oil and diesel by Rs 57 last week, and it is expected to increase further.