Government cuts petrol and diesel prices

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Government has decreased the price of petrol by Rs. 0.52 and diesel by Rs. 2.16.

The Federal government of Pakistan has lessened the petroleum rates for the upcoming month.

According to the reports, the rate of petrol and diesel has been lessened by 4.86 and 4.26 rupees per litre correspondingly.

In the meanwhile, the charges of kerosene have been reduced by 0.52 while the price of Light Diesel Oil has been lessened by 2.16 rupees per liter.

The latest prices of petrol will be 90.97 rupees per liter, Hi-Speed Diesel 106.68 rupees, and Kerosene Oil 82.98 rupees while the price of Light Diesel Oil will be 75.28 rupees per liter.

The updated prices will be effective from tonight, midnight onwards.

It is relevant to indicate that the Oil and Gas Regulatory Authority (OGRA) had suggested Rs 9.50 per litre reduction in the price of petrol, diesel Rs 15 per litre, light diesel oil Rs 2 per litre and kerosene oil by Rs 0.25 per litre for the month of January 2019.