Ogra and Geo News refute false petrol price claims

Recent claims circulating on TikTok about a possible Rs44 per litre reduction in petrol prices have been debunked by officials from the Oil and Gas Regulatory Authority (Ogra) and Geo News. These rumors falsely suggested that Geo News had reported the price cut, which has been clarified as inaccurate by both Ogra representatives and Geo News.

The misinformation stemmed from a TikTok video posted on May 26, alleging that Ogra had recommended a substantial decrease in petrol prices. The video included a screenshot purportedly from Geo News, but there is no credible evidence to support these claims.

While fluctuations in petrol prices are common due to various factors, including international market trends and government policies, no official announcement has been made regarding such a significant price reduction. Consumers are advised to rely on verified sources for accurate information on petrol prices.

Petrol prices are subject to regular adjustments based on global oil prices, exchange rates, and local taxation policies. Ogra plays a crucial role in regulating the petroleum sector in Pakistan, ensuring fair pricing and quality standards for consumers.

It is essential to exercise caution when sharing and consuming information, especially on social media platforms like TikTok. Verifying the credibility of sources and cross-checking facts can help prevent the spread of misinformation and confusion among the public. Stay informed through reliable news outlets and official announcements to make informed decisions about petrol prices and other important matters.