The Government of Pakistan has decided to reduce Rs. 5 on petroleum products. This decision comes after global oil prices have reduced.
A notification was circulated for this purpose. The notification highlights that the government has decided to reduce petrol and high-speed diesel prices by Rs 5 per liter, whereas kerosene oil and light diesel oil prices have also been cut by Rs 7 per liter.
Petrol is now available for Rs 111.6 per liter, high-speed diesel for Rs 122.6 per liter, kerosene oil for Rs 92.45 per liter and light diesel oil for Rs 77.51 per liter.
The revised prices have taken effect from the 1st of March 2020.
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View the notification below
This comes as a sigh of relief for the people of Pakistan who are currently going through a tough economical crisis and high inflation.
What do you think about this decision? Share your thoughts with us in the comments below.
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Source: CarSpirit
