ISLAMABAD: The government has reduced the prices of petroleum products by 8 rupees 74 paise, a notification has also been issued.
According to the details, the Prime Minister approved the reduction in the prices of petroleum products for the next fifteen days. According to which, for the next fifteen days, the price of petrol has been reduced by 5 rupees 45 paise per liter and the price of diesel by 8 rupees 42 paise per liter has been approved.
After the recent reduction, the price of petrol per liter will reach Rs 288 49 paise while the price of high speed diesel will reach Rs 281 96 paise.
Similarly, the price of kerosene has been reduced by 8 rupees 74 paise per liter and that of light diesel by 5 rupees 63 paise per litre.
The new prices will be applicable from 12:00 PM till 12:00 PM on May 15.
Officials say that the price of kerosene and light diesel oil has also been reduced, but due to deregulation, the Ministry of Finance has not announced and issued a notification, but kerosene has been reduced by 8 rupees 74 paise per liter and light diesel. 5 has been reduced by Rs. 63 paise per litre.