Federal govt approves up to Rs2.95 per litre cut in POL prices

BusinessFederal govt approves up to Rs2.95 per litre cut in POL prices

Federal govt approves up to Rs2.95 per litre cut in POL prices

ISLAMABAD, Pakistan: The federal government has approved up to Rs2.95 per litre cut in the price of petroleum products (POL) from October 1 to provide relief to the consumers.

A notification issued after the approval of Prime Minister Nawaz Sharif on Tuesday in this regards states that the new price of petrol will be Rs103.62 after a reduction of Rs2.94; High Octane Blended Component (HOBC) will be priced at Rs131.13, a reduction of Rs1.88; kerosene oil will be priced at Rs95.60 after a cut of Rs1.31; high-speed diesel will be priced at Rs107.39, a reduction of Rs0.95; and light diesel oil (LDO) will be sold at Rs91.46, a reduction of Rs0.67.

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