Petrol Price Reduce to RS 8.46 Per Liter

PETROL PRICE | REDUCE to RS 8.46 PER LITER

ISLAMABAD: The caretaker government has provided a most important relief to the price-stricken masses of the country ahead of elections as price of petroleum products have reduced by Rs 8.46 per liter that will be effective from May 01.

According to a notification issued here on Tuesday, the price of Motor Spirit (MS) used in transportation has been reduced by Rs 4.71 per liter from Rs 102.30 and new price of petrol will be Rs 97.59 per liter.

Price of High Speed Diesel (HSD) used in agriculture sector, transport and electricity generators witnessed nominal decrease of Rs 2.53 per liter and new price will be Rs 106.06 against oil price of Rs 108.59 per liter.

The reduction may provide a relief to the agriculture sector and reduction in inflation across the country.
The price of Light Diesel Oil (LDO), which is mainly used by industries, may witness a cut of Rs 4.22 per litre, bringing the price down to Rs 89.06 per litre against the current rate of Rs93.28 per liter.

Prices of jet fuels, JP-1 reduced by Rs5.21 per litre from Rs88.65 per liter to Rs 83.44 per litre and JP-8 slashed by Rs 5.21 and new price will be Rs 83.11 per liter as against 88.32.