KARACHI, Feb 15: The prices of all petroleum products have been decreased by 2 to 5 per cent by the Oil Companies Advisory Committee (OCAC), according to an announcement of the fortnightly meeting held here on Sunday to review the prices of various petroleum products.

The OCAC notified the revised maximum ex-depot sale price at 29 designated locations effective February 16, 2004 as under:

Maximum Ex-depot sale price

Product Existing Revised Difference %age

Rs/litre Rs/litre Rs/litre

MS 87 RON 35.33 34.47 (0.85) -2.43

HOBC 39.27 38.44 (0.83) -2.11

Kerosene oil 23.55 22.18 (1.37) -5.84

Light diesel 20.29 9.84 (0.45) -2.22

High speed diesel 23.85 23.77 (0.08) -0.34