ISLAMABAD: The caretaker government on Friday reduced the prices of petrol and high-speed diesel (HSD) by Rs14 and Rs13.50 per litre, respectively, for the next fortnight, ARY News reported.
According to a notification from the Ministry of Finance, the new prices of petrol and HSD are Rs267.34 and Rs276.21.
The new prices of petroleum products for the fortnight — starting from Dec 16 to Dec 31 — were recommended by the Oil and Gas Regulatory Authority (OGRA).
Meanwhile, the prices of kerosene oil and light-diesel oil were reduced by Rs10.14 and Rs11.29 per litre, respectively, to Rs191.02 and Rs164.64.
Last fortnight, the government had retained the previous petrol price, however, a reduction of Rs7 per litre was announced on diesel, Rs3.82 on kerosene oil and Rs4.52 on light-speed diesel (LSD).
Earlier, it was reported that the prices of major petroleum products were set to fall by over Rs10 per litre each mainly because of a decline in the international market.
Sources claimed that the prices of petrol and diesel in international market had declined over the past fortnight by almost five percent.
from ARY NEWS https://ift.tt/HWMl1I2
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