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Govt cuts petrol and diesel prices

The cost of petrol has been reduced by Rs2.20 per litre, bringing the new price to Rs327.62 per litre.

ISLAMABAD: The federal government has announced a reduction in petroleum product prices, with new rates coming into effect from August 8, according to a notification issued by the Petroleum Division.

Under the revised prices, the cost of petrol has been reduced by Rs2.20 per litre, bringing the new price to Rs327.62 per litre.

The price of high-speed diesel has also been cut by Rs1.50 per litre, reducing its new price to Rs380.86 per litre.

The Petroleum Division said the revised prices will remain applicable from Augugst 8 following the issuance of the official notification.

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