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Government Announces Further Reduction in Petroleum Prices to Provide Relief to the Public

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The government has declared that starting from October 1, there will be a decrease in petrol and diesel prices to provide continued relief to the public. According to an official notification, the price of petrol will be reduced by Rs2.07 per litre, from Rs249.10 to Rs247.03 per litre. High-speed diesel (HSD) will also see a decrease of Rs3.40 per litre, bringing its price down from Rs249.69 to Rs246.29 per litre.

Additionally, light diesel will be reduced by Rs1.03 per litre, setting the new price at Rs140.90 per litre, and kerosene will drop by Rs3.57 per litre, with its cost decreasing to Rs154.90 per litre from Rs158.47.

Since June 1, 2024, petrol prices have seen a total reduction of Rs21.23 per litre, while diesel prices have dropped by Rs18.67 per litre. This price cut is being implemented under the direction of Prime Minister Shehbaz Sharif, with the goal of directly passing the benefits on to the public.

The new prices will come into effect at midnight tonight.

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