July LPG prices decreased
The Oil and Gas Regulatory Authority (OGRA) on Tuesday reduced liquefied petroleum gas (LPG) prices for July. The price of an 11.8kg domestic LPG cylinder has been cut by Rs794.50, bringing the new price down to Rs2,848.91 for the month. “The LPG producer price is linked with Saudi Aramco-CP and the US dollar exchange rate. As compared to the previous month, Saudi Aramco-CP has decreased by 25.62 percent. The average Dollar exchange rate has slightly decreased by 0.11 percent, resulting in a decrease in the LPG consumer price by Rs.794.50/11.8 kg cylinder (21.80 percent).