Fuel prices likely to go up in November

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The Oil and Gas Regulatory Authority (OGRA) has sent a summary to the government suggesting hike in oil prices.

According to sources, the price of petrol is expected to increase by Rs 1 while price of High Speed Diesel will go up by 27 paisa.

The authority has suggested the price of Kerosene oil be slashed by Rs2.39 per litre.

In addition, light diesel is likely to come down by Rs 6.56.

A final decision in this regard would be taken by Finance Ministry on October 31.

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