On Saturday, the federal government announced a new pricing structure for petroleum products, effective immediately. This move reflects modest reductions across several fuel types, aimed at providing some relief to consumers facing the rising cost of living.
The price of petrol has been reduced by Rs 1.86 per litre, bringing it down to Rs 259.10 per litre. High-speed diesel has also seen a decrease, with its price slashed by Rs 3.32 per litre, now set at Rs 262.75 per litre.
Additionally, kerosene oil has been adjusted to Rs 169.62 per litre, marking a reduction from its previous rate. Light diesel oil (LDO) has experienced a decrease of Rs 2.97 per litre, with the new price now at Rs 154.05 per litre.
These price changes come as part of the government’s efforts to alleviate the financial strain on households amidst ongoing economic pressures. The reduction in fuel prices is expected to provide some relief to consumers by lowering transportation and energy costs, which have been rising steadily. The government aims to mitigate the impact of these costs on daily life and support economic stability through these adjustments.
