Govt slashes petrol price by Re1 per litre
Business
However, the diesel prices were unchanged.
ISLAMABAD (Dunya News) – The federal government on Friday slashed the petrol price by Re1 per litre for the next fortnight.
According to a notification issued by the finance ministry, the petrol price was decreased by Re1 to 254.63 per litre.
The government has reduced the price of petrol by Re1 per liter, bringing the new price to Rs254.63 per liter, down from the previous price of Rs255.63 per liter.
Similarly, there has been no change in the price of High-Speed Diesel, which will remain at Rs258.64 per liter.
According to the notification, the Oil & Gas Regulatory Authority (OGRA) has calculated petroleum product prices for consumers based on fluctuations in international markets.
On March 15, the federal government decided to keep petroleum prices unchanged for the next fortnight.
Petrol, widely used in private transport, small vehicles, rickshaws, and motorcycles, directly affects the daily budgets of middle and lower-middle-class households, who rely heavily on it for commuting.
