Islamabad: The federal government has declared that the petroleum products will drop once again. Oil prices have dropped for the past five years, mostly because of a decline in global oil prices.
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The price of high-speed diesel has fallen by Rs. 3.40 per liter to Rs. 246.29, while the price of gasoline has decreased by Rs. 2.07 per liter to Rs. 247.03. The revised rates will take effect on October 1. Additionally, the price of light diesel oil has decreased by Rs. 1.03 per liter to Rs. 140.9 and the price of kerosene oil has decreased by Rs. 3.57 per liter to Rs. 154.9.
The government lowered the price of gasoline by Rs. 10 per liter to Rs. 249.10 at the most recent fortnightly review of petroleum pricing on September 15, while the price of high-speed diesel was lowered by Rs. 13.06 per liter to Rs. 249.69.
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