AGL 38.56 Decreased By ▼ -0.77 (-1.96%)
AIRLINK 207.77 Increased By ▲ 17.83 (9.39%)
BOP 10.06 Increased By ▲ 0.55 (5.78%)
CNERGY 7.08 Decreased By ▼ -0.04 (-0.56%)
DCL 9.99 Decreased By ▼ -0.23 (-2.25%)
DFML 41.14 Decreased By ▼ -0.54 (-1.3%)
DGKC 103.46 Decreased By ▼ -6.36 (-5.79%)
FCCL 36.35 Decreased By ▼ -1.81 (-4.74%)
FFBL 91.59 Decreased By ▼ -4.67 (-4.85%)
FFL 14.60 Decreased By ▼ -0.29 (-1.95%)
HUBC 139.43 Increased By ▲ 10.60 (8.23%)
HUMNL 14.10 Decreased By ▼ -0.42 (-2.89%)
KEL 5.97 Decreased By ▼ -0.22 (-3.55%)
KOSM 7.86 Decreased By ▼ -0.13 (-1.63%)
MLCF 47.28 Decreased By ▼ -2.70 (-5.4%)
NBP 73.76 Increased By ▲ 1.33 (1.84%)
OGDC 222.66 Decreased By ▼ -10.63 (-4.56%)
PAEL 38.11 Increased By ▲ 2.99 (8.51%)
PIBTL 9.27 Decreased By ▼ -0.09 (-0.96%)
PPL 205.85 Decreased By ▼ -5.55 (-2.63%)
PRL 39.85 Increased By ▲ 3.33 (9.12%)
PTC 26.62 Increased By ▲ 0.58 (2.23%)
SEARL 110.24 Decreased By ▼ -4.56 (-3.97%)
TELE 9.23 Decreased By ▼ -0.18 (-1.91%)
TOMCL 38.21 Decreased By ▼ -0.39 (-1.01%)
TPLP 13.77 Increased By ▲ 0.98 (7.66%)
TREET 26.45 Increased By ▲ 0.47 (1.81%)
TRG 60.54 Decreased By ▼ -1.46 (-2.35%)
UNITY 34.14 Decreased By ▼ -1.43 (-4.02%)
WTL 1.88 Decreased By ▼ -0.04 (-2.08%)
BR100 12,299 Decreased By -48 (-0.39%)
BR30 38,877 Decreased By -222.6 (-0.57%)
KSE100 114,861 Decreased By -1308.7 (-1.13%)
KSE30 36,196 Decreased By -462.8 (-1.26%)

The federal government Wednesday slashed the price of petrol by Rs6.17, taking the rate to Rs269.43 per litre, Aaj News reported.

The price of high-speed diesel (HSD) has decreased by Rs10.86 per litre to Rs272.77.

Govt set to reduce prices of petroleum products

The new prices take effect from August 1, 2024.

There was a reduction of Rs6.32 per litre in the price of kerosene, bringing its price down to Rs177.39 from Rs183.71 per litre.

Govt hikes petrol price by Rs9.99, diesel’s by Rs6.18 per litre

The drop in fuel prices comes on the back of a decline in international oil prices.

Over the past two weeks, the average price of petrol has dropped to $87.50 per barrel from $89.50, while HSD has decreased from $96.93 to $94 per barrel.

In the previous review, the federal government increased the price of petrol by Rs9.99, taking the rate to Rs275.60 per litre.

Comments

200 characters
Abdullah Aug 01, 2024 12:17am
Something good.now kindly tax the property at its current value and fix IPP and get the interest rates down so business can start again.we need jobs.
thumb_up Recommended (0) reply Reply
Robin Mitha Aug 01, 2024 10:06am
Bad move, increase peyrol and disel prices by Rs 25 per liter and half the income tax rates an penalties . Govt will have probably make more money . Tax will be more broadbased an inclusive.
thumb_up Recommended (0) reply Reply