Petrol price decreased for next fortnight

ISLAMABAD – The caretaker government on Monday reduced the price of petrol for the next fortnight by Rs8 per litre to Rs259.34 per litre.

The Finance Division notified the new prices of the petroleum products for the next fortnight starting from January 16 (Tuesday), as per the Oil and Gas Regulatory Authority’s (Ogra) recommendations. However, the price of High Speed Diesel remained unchanged.

There was a reduction in kerosene oil and light diesel oil rates by Rs1.97 and Rs0.92 per litre in the fresh revision.

In the past fortnight, the government had maintained petrol and diesel rates at Rs267.34 and Rs276.21 per litre respectively. The price of Kerosene oil had dropped to Rs188.83 after a reduction of Rs2.19 per litre while Light Diesel Oil will be sold at Rs165.75 as the government has increased the commodity’s price by Rs1.11.

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