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Govt slashes petrol prices by Rs 1.57 per litre

ISLAMABAD: The government on Saturday decided to reduce the petrol prices by Rs 1.57 per litre to Rs 102.40 per litre against its sale at Rs 103.97 per litre during the month of October 2020.

The new prices would be applicable from November 1st, 2020, according to press statement issued by the Finance Ministry here.

Likewise, the price of High Speed Diesel has been slashed by Rs 0.84 per litre, which would now be sold at Rs 103.22 per litre against its sale at Rs 104.06 per litre.

The prices of Kerosene oil and Light Diesel Oil will remain unchanged at Rs 65.29 per litre and Rs 62.86 per litre respectively, the press statement added.

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M M Alam

M. M. Alam is a Pakistan-based working journalist since 1981. Karachi University faculty gold medalist Alam began his career four decades ago by writing for Dawn, Pakistan’s highest circulating English daily. He has worked for region’s leading publications, global aviation periodicals including Rotors (of USA) and vetted New York Times as permanent employee of daily Express Tribune. Alam regularly covers international aviation and defense-related events including Salon Du Bourget (France), Farnborough (United Kingdom), Dubai (UAE). Alam has reported thousands of events and interviewed hundreds of people in Pakistan, UAE, EU, UK and USA. Being Francophone Alam also coordinates with a number of French publications.