LAHORE – Fuel prices are likely to be reduced as the Petroleum Division on Friday received a summary recommending a reduction in the rates.

According to media reports, the price of High-Speed Diesel will presumably be lowered by Rs7.67, Light Diesel by Rs5.63, petrol by Rs4.59 and kerosene oil by Rs4.27.

The final decision will be made by the finance ministry and the new prices will be implemented from September 1.

More info to follow…