Govt reduces petrol price by Rs7.06 for June

ISLAMABAD (92 News) – In order to provide further relief to the consumers, the federal government has reduced the prices of petroleum products ranging from 7.06 to 11.88 rupees for the current month.  According to Finance Division, the price of Petrol has been slashed by 7.06 rupees per liter and the new price is 74.52 rupees. Price of Kerosene Oil has been decreased by 11.88 rupees per liter and its new price is 35.56 rupees. Similarly, price of Light Diesel oil has been reduced by 9.37 rupees per liter and the new price is 38.14 rupees. The price of High Speed Diesel has been increased by 0.05 rupees per liter and new prices will be 80.15 rupees. The new prices will come into effect from June 1. Soon after the announcement, Prime Minister Imran Khan, in a tweet from his official handle, said Pakistan has the “cheapest fuel cost compared to other states in South Asia”. “We have further reduced petrol, light diesel oil, kerosine oil prices. Now we have the cheapest fuel cost compared to other states in South Asia. India is almost exactly double. Bangladesh, Sri Lanka & Nepal are all 50 to 75 per cent more expensive than us.”

We have further reduced petrol, light diesel oil, kerosine oil prices. Now we have the cheapest fuel cost compared to other states in South Asia. India is almost exactly double. Bangladesh, Sri Lanka & Nepal are all 50 to 75 percent more expensive than us. pic.twitter.com/oD9wVMcZno

— Imran Khan (@ImranKhanPTI) May 31, 2020