The petrol prices have been reduced by Rs4.59 per litre effective from September 1st. Also, the price of high-speed diesel has been reduced by Rs7.67. The price of kerosene oil has been reduced by Rs4.27 and the price of light diesel has been lowered by Rs5.63 per litre.
Once these prices are reduced, the new prices of petrol, high-speed diesel, kerosene oil, and light diesel will be Rs.113.24, Rs.124.80, Rs.99.57, and Rs.91.89 respectively.
Basically light diesel oil is used for industrial purposes. People living in remote areas use kerosene oil for cooking purposes where the liquefied petroleum gas (LPG) is not available.
PM’s Special Assistant on Information and Broadcasting Dr. Firdous Ashiq Awan addressing this said that the benefit of lowered international oil prices will be offered to the people. The second year of government in ‘Naya Pakistan’ will bring benefits for the people.
In a tweet, she said, “Instead of taking the price-cut gain for itself, the people-friendly government will directly pass the benefit of lowered oil prices in the global market to provide relief to the people.”
In an article, earlier we also informed our readers about Pakistan and Oman agreeing to boost bilateral ties in the petroleum sector.