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Summary POL prices are likely to be increased from July 15.
According to the sources petrol prices would be raised by Rs1.96 per litre, HOBC by Rs5.64, Kerosene by Rs1.94 and Light Diesel by Rs1.62.The sources said that Oil and Gas Regulatory Authority (OGRA) has recommended reducing the price of High Speed Diesel while it recommended sustaining the prices of other POL products.However, the final decision would be taken after the consultation of petroleum and finance ministries.
