The Oil and Gas Regulatory Authority (OGRA) has delayed revision of prices of petroleum products until May 17.
The OGRA spokesperson said on Saturday that due to lockdown and Eid-ul-Fitr holidays from May 8 to 16, it has been decided that new prices will be revised on May 17 and implemented on May 18.
Till the revision of prices, the rates of petroleum products will remain unchanged, the spokesperson added.
Earlier on April 30, Prime Minister Imran Khan had rejected the summary sent by the OGRA for raising petroleum prices.
The OGRA had recommended a hike between Rs5 and Rs10 in petroleum prices, but the prime minister rejected the summary.