The decision to maintain the price of diesel, the new price of petroleum products will be implemented from 12 pm tonight
Government's announcement to make petrol 8 rupees cheaper, decision to maintain the price of diesel, decision to maintain the price of diesel, new price of petroleum products will be applied from 12 pm tonight. According to the details, the caretaker federal government has changed the prices of petroleum products for the next 16 days. Due to the decrease in oil prices at the global level and the increase in the value of the rupee, the possibility of a decrease in the prices of petroleum products was shown for the next 15 days.
The sale price of petrol was likely to decrease by Rs 9 per liter while the price of diesel was expected to decrease by Rs 2 per litre. The price of light diesel oil was expected to decrease by Rs.
Now the caretaker federal government has announced to reduce the prices of petrol, kerosene and light speed diesel, thus the price of petrol per liter has been fixed at Rs 259 34 paise.
It has been decided to maintain the price of high speed diesel. The price of high speed diesel will be fixed at Rs 279 21 paise. While the price of kerosene has been reduced by Rs 1.97 paise per litre, the new price of kerosene oil has been fixed at Rs 186.86 paise. The price of light diesel oil has also been reduced by 92 paise, the new price has been fixed at Rs 164 83 paise. The newly announced prices will be applicable from 12 PM today till January 31.
On the other hand, the continuation of reduction in oil prices in the world market has come to a halt. Due to the tension in the Red Sea, the price of crude oil continues to increase in the global market.
Oil prices rose on Monday as traders weighed on risks of supply disruptions in the Middle East after US and British forces launched strikes to prevent Houthi militias from attacking ships in the Red Sea in Yemen. Saw the Brent crude futures rose 1.1 percent to $78.53 a barrel, while U.S. West Texas Intermediate crude was at $72.85 a barrel.