Advertisement
Categories: NewsPakistanPolitics

Govt Cuts Petrol by Rs6, Diesel by Rs6.80 Per Litre

Advertisement

Federal government reduces petrol and high-speed diesel prices by Rs6 per litre and Rs6.80 per litre respectively for next week.

New prices: Petrol at Rs403.78 per litre, HSD at Rs402.78 per litre, effective midnight Friday.

Prices remain in effect for seven days, aligning with current weekly review cycle.

Government sources said reduction considered global crude oil price fluctuations and domestic economic situation.

Decision follows last week’s Rs5 per litre reduction, lowering petrol to Rs409.78 per litre and HSD to Rs409.58 per litre.

Review initiated after US-Israeli strikes on Iran on February 28 triggered fuel crunch globally.

Conflict prompted Iran to close Strait of Hormuz, affecting one-fifth of world oil and gas supplies.

Fuel prices spiked in weeks following conflict, exceeding pre-conflict levels.

Consecutive reductions expected to ease pressure on transportation and commodity costs.

Advertisement
News Desk

Recent Posts

easypaisa Services Fully Functional Nationwide

easypaisa has restored its services nationwide, with all systems now fully operational and running smoothly.…

28 minutes ago

Budget 2025-26: Taxes Rise on Vehicles, Cigarettes; Relief for Travelers, Solar Energy Sector

Pakistan's federal budget for FY2026-27 introduces a mixed economic outlook, with significant increases in taxes…

1 hour ago

Liberal Arts Empowers Young Americans in AI Era

Computer science is out on U.S. college campuses, while the new "new" things — faculties…

1 hour ago

Goblin Shark Spotted Alive in Natural Habitat for First Time

Marine biologist Alan Jamieson had given up on seeing a goblin shark in its underwater…

2 hours ago

PTI Rejects FY2026-27 Budget, Claims Figure Manipulation Punishes Taxpayers

Pakistan Tehreek-e-Insaf (PTI) has rejected the federal budget 2026-27 presented by Finance Minister Muhammad Aurangzeb.…

2 hours ago

OICCI’s Press Statement for Media on FY Budget 26-27

The Overseas Investors Chamber of Commerce and Industry (OICCI) welcomes the Federal Budget 2025–26. Crafted…

2 hours ago