ISLAMABAD:The government has announced a significant cut in petroleum product prices, offering relief to consumers.
According to a notification issued by the Petroleum Division, the price of petrol has been reduced by Rs10.28 per litre, bringing the new petrol price to Rs253.17 per litre.
The notification further stated that the price of diesel has been lowered by Rs8.57 per litre, with the new diesel price fixed at Rs257.08 per litre.
The revised prices will come into effect from January 1, offering financial relief amid rising living costs.
The proposed reductions reflect easing trends in the international oil market and are expected to provide much-needed relief to consumers amid ongoing inflationary pressures.
