Islamabad (Commerce Desk): The Oil and Gas Regulatory Authority has reduced the prices of petroleum products. The Petroleum Division has issued a notification announcing the new prices.
According to the notification, the price of high-speed diesel has been reduced by 88 paise per litre, bringing the new price to Rs424.04 per litre, while petrol has become cheaper by Rs1.65, with the new price set at Rs389.14 per litre.
Officials said the prices of petroleum products were revised due to changes in international market prices, freight, premiums and other related costs.