Federal govt cuts down petrol price by Rs14

Islamabad: The federal government on Friday announced a substantial reduction in petroleum product prices for the upcoming fortnight starting December 16. 

According to an official notification from the Ministry of Finance, the price of petrol witnessed a noteworthy decrease of Rs14 per litre, bringing the revised cost to Rs267.34 per litre.

The adjustments also include a reduction of Rs13.50 per litre for high-speed diesel, resulting in a new price of Rs276.21 per litre.

Besides it, the price of kerosene experienced a decrease of Rs10.14 per litre, settling at Rs191.02 per litre, while the price of light diesel was trimmed by Rs11.29 per litre, establishing a revised rate of Rs164.64 per litre.