Govt reduces prices of petroleum products

ISLAMABAD: The federal government on Saturday reduced the prices of petroleum products which will take effect from December 1, 2019 according to the statement issued by the ministry of finance.

The finance ministry said that the price of petrol has been reduced by Rs 0.25 per litre, high speed diesel by Rs2.40 per litre, kerosene oil by Rs 0.83 per litre, and light diesel oil by Rs2.90 per litre.

The new per litre prices of these products have been fixed at: petrol Rs 113.99, high speed diesel Rs125.01, kerosene oil Rs96.35, and light diesel oil Rs82.43.

The statement said that the government has decided to decrease the prices of petroleum products to provide relief to the consumers.

The new prices will effect from this midnight.

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