Govt slashes petrol price by Rs10.20 to Rs258.16 per liter

ISLAMABAD (APP) - The federal government on Friday announced a decrease of Rs10.20 per liter on the price of petrol, which would be now available at Rs 258.16 instead of its sale at Rs 268.36 earlier.

Likewise, the per liter price of high-speed diesel has been slashed by Rs2.33, going down from Rs270.22 to Rs267.89, according to a press statement issued by the Finance Ministry.

“The prices of petroleum products have seen a mixed trend in the international market during the last fortnight,” the statement added.

It said that the Oil and Gas Regulatory Authority (OGRA) has worked out the consumer prices, based on the price variations in the international market.