Govt slashes petrol, diesel prices for sixth straight time
The federal government has reduced the price of petrol by Rs8 per litre to Rs338 and high-speed diesel (HSD) by Rs7 to Rs371, according to a notification. Following the latest revision, petrol will cost Rs338 per litre, down from Rs346, while the price of HSD has fallen to Rs371 from Rs378. The latest reduction follows a series of successive cuts announced by the government since November 2, as it continues to pass on relief amid changing international oil market conditions. The Petroleum Division revises petroleum prices under the mechanism approved…
Read More