Govt reduces petrol price by Rs2.07 per liter

Govt reduces petrol price by Rs2.07 per liter

ISLAMABAD  – After continuous rise in the price of petroleum products for the past several months, the government has reduced petrol price by Rs 2.07 pet liter on Saturday.

According to the Ministry of Finance, new price of petrol will be Rs86 per liter.

Moreover, diesel price has also been decreased by Rs2 per liter, whereas, prices of kerosene oil and light diesel oil will remain unchanged.

The new prices will be implemented from April 1.

On Friday, the Oil and Gas Regulatory Authority (OGRA) had recommended in a summary to the Petroleum Division that the price of petrol be reduced by Rs5.26 per litre to bring the rate down from the existing Rs88.07 to Rs82.81 per litre.

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