Increase in petrol prices stems from demand-supply crisis in international market: Hammad Azhar

Federal Minister for Energy Hammad Azhar on Saturday said the increase in petrol prices in Pakistan stems from the demand-supply crisis in the international market, "not because of the International Monetary Fund (IMF)". the minister addressed the continuous hype regarding the increase in electricity and petrol prices. "The petrol price has been increased on the recommendation of Oil and Gas Regulatory Authority (OGRA)," Azhar said, adding that the increase may be more or less than the proposed price, but the Ministry of Finance "will know about the actual numbers". Shedding…

source https://www.suchtv.pk/pakistan/general/item/108788-increase-in-petrol-prices-stems-from-demand-supply-crisis-in-international-market-hammad-azhar.html