Islamabad (Web Desk): The federal government on Wednesday reduced the prices of petrol and high speed diesel by Rs5 per litre.
The Oil and Gas Regulatory Authority (OGRA) had proposed a reduction in prices of petroleum products by Rs8 to 10 per litre. OGRA had recommended Rs10.77 and Rs7.73 per litre reduction in the prices of petrol and high-speed diesel (HSD), respectively.
However, the government slashed the price of petrol and HSD by Rs5, kerosene oil by Rs7, and light diesel oil (LDO) by RsRs7.1 per litre.
After the reduction, the new price of petrol has come down to Rs140.82, HSD to 137.62, kerosene oil to Rs109.53, and LDO to Rs107.06 per litre.
