BUSINESS

Govt Announces Reduction In Petroleum Prices

The government has announced reduction in petroleum prices for the current month to provide relief to people.

The price of High Speed Diesel has been decreased by two point four rupees a litre and new price of the product would be 125.01 rupees.

Similarly the price of MS petrol has also been cut by 25 Paisas per liter and the price of Kerosene oil by 83 Paisas.

Light Diesel Oil price has been reduced by 2.9 rupees per liter.

Adviser to the Prime Minister on Finance Dr. Abdul Hafeez Shaikh in a tweet has said the decrease in prices of petroleum products will help in bringing down cost of doing business and ease the inflationary pressure on public.

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