Monday, November 2, 2026

New formula could cut petrol price by Rs15 a litre, petroleum minister says

Petrol could become Rs15 cheaper per litre under a new formula, according to Petroleum Minister Ali Pervaiz Malik.

Potential reduction outlined in Islamabad

Malik discussed the possible price decrease at a press conference in Islamabad, where he appeared alongside the information minister. The reduction was presented as a possibility under the new formula, rather than a confirmed price cut.

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