Caretaker govt cuts petrol price by Rs40

Caretaker govt cuts petrol price by Rs40

Islamabad: Caretaker government on late Sunday reduced petrol and high-speed diesel (HSD) prices for the next 15 days.

According to a notification from the Ministry of Finance, The petrol price was cut by Rs40 per litre, and HSD lowered by Rs15 per litre. As a result, the ex-depot price of petrol reaches Rs283.38 and Rs303.18 for HSD.

The prices of light diesel also decreased by Rs19.59 per litre and kerosene oil by Rs22.43. After the massive reduction in the prices of petroleum products, the rates of kerosene oil will drop to Rs214.85 per litre.

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The new prices will come into effect from 12am (tonight, October 16) and remain in place till October 31.