ISLAMABAD: The Oil and Gas Regulatory Authority reduced on Friday price of petrol by Rs1.23 per litre and increased that of High Speed Diesel by 36 paisa.

With the Ogra’s announcement, the new price of petrol will be 101.42 per litre and that of HSD Rs110 per litre. These prices will be effective from Saturday (Dec 22) and will stay in force till Jan 22 next year.

The new price of kerosene oil will be Rs98.81 per litre with reduction of 22 paisa.

The new price of Light Diesel Oil (LDO) will be Rs94.44 per litre with an increase of 45 paisa. Prices of aviation fuel have also been reduced and with the reduction of 18 paisa, the new JP-1 price is Rs88.04 per litre, the JP-4 price has been reduced by seven paisa to Rs80.94 per litre and that of JP-8 by 18 paisa to Rs87.72.