Prime Minister Shehbaz Sharif has brought significant relief to the public by approving a reduction in petroleum prices for the fourth consecutive time. The cost of petrol has been reduced by Rs. 10 per liter, while diesel has seen a reduction of Rs. 13.06 per liter. The new prices, effective from midnight, set petrol at Rs. 249.10 per liter, high-speed diesel at Rs. 249.69 per liter, and light diesel at Rs. 141.93 per liter. Kerosene oil also saw a drop of Rs. 11.15 per liter, offering further relief.
| Product | Price Reduction (Rs.) | New Price (Rs./Liter) |
|---|---|---|
| Petrol | 10.00 | 249.10 |
| High-Speed Diesel | 13.06 | 249.69 |
| Light Diesel Oil | 12.12 | 141.93 |
| Kerosene Oil | 11.15 | 158.47 |
According to reliable sources, the Prime Minister was advised not to pass on the full relief to the public. However, Shehbaz Sharif dismissed this advice, arguing that the common people, having faced years of inflation, deserve the full benefit. The reduction includes Rs. 10 per liter for petrol, Rs. 13.06 for diesel, Rs. 11.15 for kerosene oil, and Rs. 12.12 per liter for light diesel oil. After these cuts, kerosene oil now stands at Rs. 158.47 per liter.
The government’s decision to reduce petroleum prices comes as a much-needed respite amid ongoing inflation, providing a sense of relief to millions across the country.
