Petrol Price Drops by Rs. 10/Liter in Pakistan

Jawad

15 Sep 2024

255

Petrol Price Drops by Rs. 10/Liter in Pakistan

In an effort to ease the financial burden on the public, Prime Minister Shehbaz Sharif has approved a reduction in fuel prices. The new prices will take effect immediately, providing much-needed relief to motorists and citizens across Pakistan. Petrol prices have been slashed by Rs. 10 per liter, offering significant savings for those who rely on personal vehicles.

In addition to the reduction in petrol prices, the price of high-speed diesel (HSD) has also been decreased by Rs. 13.06 per liter. This move is expected to lower transportation costs, which may, in turn, reduce the cost of goods and services throughout the country. The reduction is anticipated to benefit both businesses and consumers.

Kerosene oil , widely used for cooking and heating in rural areas, has also experienced a price drop. The price has been reduced by Rs. 11.15 per liter. Similarly, light speed diesel (LSD) has seen a reduction of Rs. 12.12 per liter, further helping those in need of affordable fuel alternatives.

Petroleum Type	Old Price	New Price	Difference
Petrol	PKR 259.10	PKR 249.10	-10.00
High Speed Diesel (HSD)	PKR 262.75	PKR 249.69	-13.06
Light Speed Diesel (LSD)	PKR 154.05	PKR 141.93	-12.12
Kerosene Oil	PKR 169.62	PKR 158.47	-11.15

The new fuel prices will be effective from midnight, providing immediate relief to consumers. This decision comes at a time when inflation is a pressing issue, and the reduction in fuel costs is expected to alleviate some of the financial pressure on households and businesses alike.

Overall, this move by the government is seen as an effort to stimulate economic activity and reduce inflation. By lowering the cost of transportation and daily necessities, the reduction in fuel prices is expected to support both economic stability and growth in various sectors.

Petrol Prices Diesel Prices Petrol price drop Fuel price reduction Pakistan petrol rates Rs 10 price cut Petrol prices decrease Fuel cost Pakistan Petrol price update Pakistan fuel rates Petrol cost drop Rs 10 petrol reduction

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