Oil and Gas Regulation Authority (OGRA) on Friday issued a notification of slashing by 50 per cent the recent increase in prices of petroleum products.

According to the notification, the price of petrol after reduction of Rs3.65 per litre has come down to Rs76.58; price of High Speed Diesel slashed by Rs3.87 to Rs82.22; Light Speed Diesel trimmed by Rs3.30 to Rs69.91; HOBC gets cheaper by Rs4.29 to Rs90.96 and; kerosene oil has reduced to Rs74.45 per litre with a decrease of Rs3.50.