Metro53 - ISLAMABAD: The federal government has announced a further reduction in petrol prices, lowering the rate by Rs4 per litre, while keeping the price of high-speed diesel unchanged.
According to a notification issued by the Petroleum Division, the revised prices will come into effect from midnight and remain applicable for the next seven days.
Under the new rates, the price of petrol has been reduced from Rs381.78 per litre to Rs377.78 per litre. Meanwhile, the price of high-speed diesel (HSD) has been maintained at Rs380.78 per litre.
The government said the adjustment was made in light of trends in the international oil market and prevailing domestic economic conditions.
The latest reduction comes a week after the government slashed the prices of both petrol and diesel by Rs22 per litre, providing significant relief to consumers.
Officials expressed hope that the continued decrease in fuel prices would ease transportation costs and offer some relief to the general public amid ongoing economic challenges.
