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Govt announced decrease in petroleum prices

01 January, 2019

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The government on Monday announced a decrease in petroleum prices for the month of January, slashing the rates of petrol and diesel by Rs 4.86 and Rs 4.26 per litre, respectively.

The price of kerosene oil has been reduced by Rs 0.52 and that of light diesel oil (LDO) by Rs 2.16 per litre, a finance ministry statement said.

The new price of petrol will be Rs 90.97, while that of high speed diesel (HSD) – used in trucks and buses etc – would be Rs 106.68 per litre.

Kersone oil and LDO will be sold at Rs 82.98 and Rs 75.28 per litre, respectively. The new prices will take effect from midnight, Radio Pakistan reported.

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