Govt slashes petrol price for next fortnightly review

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Posted by By The Pakistan Corner Team May 15, 2023 Business 1 Min Read
1684174609 Govt slashes petrol price for next fortnightly review
An employee of a petrol pump fills the fuel tank of a bike in Karachi, on March 17, 2023. — The News
An employee of a petrol pump fills the fuel tank of a bike in Karachi, on March 17, 2023. — The News

On Monday, the federal government announced a reduction in the petrol price by Rs12 per liter to Rs272 per liter, due to a decline in the international oil rates.

Product Existing prices w.e.f
1.05.2023		 New prices
w.e.f
16.05.2023		 Decrease
Petrol Rs282 Rs272 Rs12
High-speed diesel Rs288 Rs258 Rs30
Kerosene Rs176.07 Rs164.07 Rs12
Light diesel oil Rs164.68 Rs152.68 Rs12

More information to come…