Govt likely to slash petroleum prices by Rs7.67 per litre

Price of petroleum products to drop from May 1: Hafeez Sheikh

ISLAMABAD: Fuel prices in Pakistan are likely to be reduced as the Petroleum Division has on Friday received a summary recommending reduction in the rates.
According to details, the price of High Speed Diesel will presumably be lowered by Rs7.67, Light Diesel by Rs5.63, petrol by Rs4.59 and kerosene oil by Rs4.27.
The final decision will be made by finance ministry and the new prices will be implemented from September 1.


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