ISLAMABAD: Prices of petroleum products have been reduced by federal government. Now with the reduction of Rs5 the new price of petrol is going to be Rs 111.60 per liter.
High speed diesel (HSD) price is now set at Rs 122.26 per liter with Rs5 reduction.
Kerosene oil and light speed diesel (LSD) new prices are going to be Rs 92.45 and Rs 77.51 per liter with reduction of 7 rupees on each respectively.
The reduction in prices has been done considering about 20 per cent fall in oil prices in the international market.
The finance ministry has issued notice and implementation on new prices to be done from tonight at 12am.
Earlier Oil & Gas Regulatory Authority (Ogra) on Friday submitted a summary to the Petroleum Division recommending that the petroleum products should be decreased from March 1.
