Govt slashes petrol price by Rs1 per litre

Islamabad: The Shehbaz government on Friday reduced the price of petrol by Rs1 per litre for the next fortnight while the price of high-speed diesel (HSD) remained unchanged.

“The Oil and Gas Regulatory Authority has worked out the consumer prices of petroleum products, based on the price variations in the international market,” said a notification from the finance division.

According to the notification, the price of motor spirit (petrol) was reduced from Rs255.63 per litre to Rs254.63. The price of HSD remained the same at Rs258.64.