HomeBusinessGovt Reduces Petrol Price by Rs2.07, Diesel by Rs3.40

Govt Reduces Petrol Price by Rs2.07, Diesel by Rs3.40

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Islamabad (TDI): The federal government on Monday reduced petrol price by Rs2.07 and High-Speed Diesel (HSD) by Rs3.40 per litre. The new prices of petrol and HSD are Rs247.3 and Rs246.29 per litre, respectively.

Read More: China-Pakistan signs MoU of 1.5 billion investment in Petroleum Sector

The finance ministry announced new rates as per its fortnightly revision. The revised prices will come into effect from midnight.

Similarly, the government has also cut light-speed diesel price by Rs1.3 per litre, bringing the new price to Rs140.9. The kerosene oil price has also gone down by Rs3.57 per litre.

Read More: Oil Prices Rise by 2 Percent

This is the fifth consecutive price cut by the government. Earlier on September 15, the government had slashed petrol prices by Rs10 per litre, taking the rate to Rs249.10 per litre.

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