Petrol Price in Pakistan Reduced by Rs15.39 Per litre – In a recent development, the federal government announced a significant reduction in the price of petrol for May 2024. Following the recommendation of the Oil and Gas Regulatory Authority (OGRA), the price of petrol has lowered by Rs15.39, bringing it down to Rs273.10 per liter. Additionally, diesel prices have also seen a decrease, with a reduction of Rs7.88, now priced at Rs274.08 per liter. This adjustment aims to provide relief to consumers and stimulate economic activity, reflecting the government’s commitment to managing fuel prices effectively.
Petrol Price in Pakistan is Reduced by Rs15.39 Per litre
The federal government has made a significant reduction in petrol prices, slashing them by Rs15.39 per liter for the upcoming fortnight, as reported by ARY News. This decision, approved by Prime Minister Shehbaz Sharif, comes after the Finance Ministry’s deliberations. Following this adjustment, the new price for petrol stands at Rs273.1 per liter. Moreover, the price of high-speed diesel (HSD) has lowered by Rs7.88, now set at Rs274.8 per liter. Additionally, light diesel prices have reduced by Rs7.54 per liter, with the new rate at Rs161.17 per liter. Furthermore, the price of kerosene oil has seen a decrease of Rs9.86 per liter, bringing it down to Rs173.48 per liter. These adjustments aim to alleviate the financial burden on consumers and promote economic stability.
Latest Petrol Price in Pakistan May 2024
| Product | Previous Price (Rs/Liter) | New Price (Rs/Liter) |
|---|---|---|
| Petrol | Rs288.49 | Rs273.10 |
| Diesel | Rs281.96 | Rs274.08 |