ISLAMABAD : May 15,2023: In a move to give maximum relief to the masses , the government on Monday reduced the prices of petroleum products massively .
Finance minister , Ishaq Dar, announced cut in the prices of petroleum products in his televised address.
The new prices of petroleum products will remain effective till May 31,2023.
He requested to the transporters to pass on the benefit of reduced rates of HSD by proportionately reducig fare forthwith.
The government ‘s announcement for big reduction in HSD prices could bring a reasonable reduction in the fares to pass on substantial relief to the passengers.
Following are the new rates after Monday’s reduction in rates of the petroleum products.
The petrol price has been reduced by Rs 12. Its new price is Rs 270 per litre.
High speed diesel (HSD) price have been cut by Rs 30. Its new price is Rs 258 a litre.
The rates of light diesel oil also reduced by Rs 12 per litre . Its new price is Rs 152.68
Kerosin oil price were also cut. by Rs 12 per litre . Its new rates are Rs 164.07 a litre .
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