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The price of petroleum products in the country is decreased by the federal government of Pakistan. According to the notification by the Finance Division, the price of petrol is reduced by 1.55 per liter. The rate of kerosene is reduced by Rs1.55 per liter, and the rate of high-speed diesel by Rs3.
This makes the new price of petrol Rs110.35 effective from 1.4.2021. Moreover, the new price of Kerosene is Rs82.06, Light diesel oil is 79.86, and high-speed diesel is 113.08.
According to Hammad Azhar, the Federal Finance Minister, the government has decided to make changes in the prices due to the shift in international market prices.