The federal government has announced a reduction in petroleum prices, providing fresh relief to consumers across Pakistan. Petrol prices have been cut by Rs. 3.19 per litre, while the price of high-speed diesel has been reduced by Rs. 1.50 per litre. The revised rates are expected to ease transportation costs and offer some financial relief to households and businesses affected by rising living expenses.
The new prices will come into effect from the notified date, with the government stating that the adjustments have been made in line with fluctuations in international oil prices and other relevant economic factors. The reduction is expected to benefit motorists, the transport sector, and industries that rely heavily on fuel, while also offering modest relief from inflationary pressures.
