ISLAMABAD, Feb 15 (APP): The government here on Saturday reduced prices of all petroleum products, including petrol by Rs.1.00 per liter, bringing it down to Rs.256.13 from Rs.257.13.
“The Oil & Gas Regulatory Authority (OGRA) has reviewed and adjusted consumer prices for petroleum products in view of recent fluctuations in the international oil market,” said press statement issued by the finance ministry.
Accordingly, the price of high speed diesel has been reduced from Rs.267.95 to Rs.263.95 per liter, a decline of Rs.4 per liter.
The government also reduced the superior kerosene oil prices by Rs3.20 per liter from Rs174.85 to Rs.171.65 whereas the price of light diesel oil has been slashed by Rs5.25 per liter from Rs161.06 to Rs.155.81, the press statement added.