The Government of Pakistan has announced another reduction in the prices of petroleum products, continuing its efforts to provide relief to the public. Effective from midnight on October 1, 2024, the price of petrol will decrease by Rs. 2.07 per liter, and high-speed diesel will see a reduction of Rs. 3.40 per liter, according to an official statement issued by the Prime Minister’s office.

Additionally, the price of light diesel oil will be reduced by Rs. 1.03 per liter, while kerosene will see a decrease of Rs. 3.57 per liter. Since June 1, 2024, the cumulative reduction in petrol prices has reached Rs. 21.23 per liter, and diesel prices have been reduced by Rs. 18.67 per liter.

With these adjustments, the new price of petrol will be reduced from Rs. 249.10 per liter to Rs. 247.03 per liter. Diesel will now cost Rs. 246.29 per liter, down from Rs. 249.69 per liter. The price of kerosene will drop from Rs. 158.47 per liter to Rs. 154.90 per liter, and light diesel oil will decrease from Rs. 141.93 per liter to Rs. 140.90 per liter.

These reductions are being implemented under the directives of Prime Minister Shehbaz Sharif, ensuring that the benefits of lower petroleum prices are passed on to the public. The new prices will take effect at midnight tonight.