Petrol price in Pakistan: Senator Ishaq Dar Minister for Finance and Revenue Thursday announced that the price of petrol has been decreased by Rs10 to Rs214.80 per litre for the next fortnight — effective from December 16.
In a video address, the finance minister said the price reduction was made in line with Prime Minister Shehbaz Sharif’s aspirations of “providing maximum” relief to the masses.
el will now be offered at Rs214.80 after a reduction of Rs7.5 due to the updated petroleum product prices. Additionally, the cost of light diesel oil and kerosene has been reduced to Rs169 and Rs171.83, respectively.
Petroleum Products Prices:
Dec16 to Dec31, 2022:High Speed Diesel-with Rs 7.50 reduction,Rs 227.80 per litre
MS Petrol —with Rs 10 reduction,Rs 214.80 per litre
Kerosene Oil – with Rs 10 reduction,Rs 171.83 per litre
Light Diesel Oil – with Rs 10 reduction, Rs 169 per litre
— Ishaq Dar (@MIshaqDar50) December 15, 2022
| mmodity | Existing prices w.e.f 1.12.2022 | New prices w.e.f 16.12.2022 | Increase/Decrease (in rupees) |
| Petrol | Rs224.80 | Rs214.80 | -10.00 |
| Diesel | Rs235.30 | Rs227.80 | -7.50 |
| Kerosene oil | Rs181.83 | Rs171.83 | -10.00 |
| Light diesel oil | Rs179 | Rs169 | -10.00 |
It should be noted that on November 30, while the government kept the price of petrol and diesel unchanged it slashed the price of kerosene oil and light diesel oil by Rs10 per litre and Rs7.5 per litre, respectively.
