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Ogra Implements Daily Fuel Pricing, Announces Marginal Price Reduction

Ogra implements a daily fuel price review mechanism to enhance transparency and pass international market fluctuations directly to consumers. The new system, based on a seven-day rolling average of global refined product prices, announced a marginal reduction of Rs0. 12 per litre on petrol and Rs0. 66 on high-speed diesel for August 1-3. The shift comes amid Middle East tensions disrupting energy flows through the Strait of Hormuz, with the government also revising fuel import conditions for the fiscal year. The post Ogra Implements Daily Fuel Pricing, Announces Marginal Price Reduction appeared first on Daily K2 English.

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