Shehbaz govt slashes petrol price by Rs15.39 per litre

Islamabad: The federal government slashed the prices of petroleum products on Wednesday.

The Finance Ministry issued notification regarding reduction in the petroleum products.

According to the notification, the price of petrol has been slashed by Rs15.39 per liter, while diesel prices have seen a reduction of Rs7.88 per liter. As a result, the new prices stand at Rs273.10 per liter for petrol and Rs274.08 per liter for diesel.

Moreover, kerosene oil prices have been decreased by Rs9.86, now priced at Rs173.48 per liter, and light diesel prices dropped by Rs7.54 to Rs161.17 per liter.

The Ministry of Finance has confirmed that these revised prices will come into effect from midnight tonight and will remain applicable until June 1st.