PESHAWAR: The government has decided to keep the prices of petroleum products at the existing rates for the month of October.

The decision was made by Prime Minister Imran Khan so as not to burden the consumers with the sudden hike in prices.

The Oil and Gas Regulatory Authority (OGRA) had recommended increase in the prices in view of rising oil prices at the global level. The international oil prices had increased during September while currency exchange rate has generally remained stable, based on which OGRA submitted a summary before the Ministry of Finance calling for an increase in oil prices for October. OGRA had worked out the new ex-depot price of high-speed diesel (HSD) at about Rs110, up Rs4 per litre. Likewise, the ex-depot price of petrol had been proposed at about Rs97 also up by Rs4 per litre.

However, the prime minister decided against raising the prices.