The government has decided to cut petrol and CNG prices, with raise in other petroleum products. The new rates will be effective after 12 am tonight.
The petrol price has been decreased by Rs 2.9 per litre and CNG by Rs 1.91 per kilogram following an approval by the ministry of finance as part of the weekly revision of rates.
The new price of petrol is Rs 103.46; High Speed Diesel Rs 113.62; Kerosene oil Rs 103.87 and that of Light Speed Diesel Rs 97.93 per litre.
Similarly, high speed diesel has been raised by Rs 3.16; kerosene oil by Rs 1.92; light diesel oil by Rs 1.23 and high octane blending component (HOBC) by Rs.2.95 per litre.
Moreover, the finance ministry also approved a reduction in CNG price by Rs 1.91 per kilogram in Region-1 (Potohar, KP and Balochistan) and Rs1.75 in Region-2 (Sindh, Punjab), effective from October 15.
The new rates of the fuel gas are Rs94.66 and Rs86.47 in Region-1 and Region-2, respectively.