Islamabad (Web Desk): The government on Sunday announced a reduction in the price of petrol by Rs 3.05 per litre.
According to a press release issued by the Finance Division on Sunday, the price of High Speed Diesel has been enhanced by Rs8.95 per liter, while kerosene 4.62 per liter.
The new prices are effective from today (Monday).
The new prices are as follows: Rs227.19 for petrol, Rs244.95 for diesel, Rs201.07 for Kerosene and Rs191.32 for LDO.
According to the notification, the changes were introduced following a reduction in the prices of petroleum products in the international market.
"Owing to the fluctuation in petroleum price in the international market and exchange rate variation, the government has decided to revise the existing price of petroleum product to pass on the impact to the consumers," the statement said.