According to the summary, the petrol rates were recommended to be hiked by Rs2.20 per litre and that of light diesel by Rs0.10.

A cut of Rs1.50 per litre in Hi-speed diesel price and Rs0.40 per liter in Kerosene oil rate was recommended in the summary.

Sources said the OGRA would notify new rates after a final approval of the summary in consultation with petroleum and finance ministries.

The new rates would be affective from June 1.