ISLAMABAD: The federal government on Sunday a decrease in the price of petrol by Rs3.05 per litre for the first 15 days of August 2022, ARY News reported.
According to the announcement issued by the Finance Division, the government has reduced petrol price by Rs3.05 per litre and light diesel oil by Rs12 per litre.
The price of high-speed diesel has been jacked up by Rs8.95 per litre, although the rate of kerosene oil was gone up by Rs4.62 per litre.
The new price of petrol will be Rs227.19 per litre, high-speed diesel 244.95, kerosene oil 201.07 and LSD 191.32 per litre.
The government is able to decrease the price of petrol by Rs 3.05 per litre. The price of diesel has however gone up by Rs 8.95. These prices are effective from midnight August 1. Pakistan Zindabad pic.twitter.com/YQGp9bYiss
— Miftah Ismail (@MiftahIsmail) July 31, 2022
The fresh rates of petroleum products will go into outcome at midnight tonight.
According to the announcement, the changes were familiarized following a reduction in the prices of petroleum products in the global market.
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“Owing to the fluctuation in petroleum prices in the international market and exchange rate variations, the government has decided to revise the existing prices of petroleum products to pass on the impact to the consumers,” the declaration read.