Categories: Latest News

New price of petrol fixed at Rs262 per liter

The new price of petrol has been fixed at Rs262 per liter!

The new price of petroleum products comes into effect for the first 15 days of June after the federal government reduced the prices of petrol Wednesday by Rs8 per liter.

Federal Finance Minister Ishaq Dar announced the reduction in the prices of petroleum products and said that the price of petrol per liter is being reduced by 8 rupees.

Furthermore, the new price of diesel will be Rs253 per liter after being reduced by Rs5.

While no change in the price of Kerosene oil has been made.


Product Existing prices w.e.f 16.05.2023 New prices w.e.f 01.06.2023 Decrease
Petrol Rs270 Rs262 Rs8
High-speed diesel Rs258 Rs253 Rs5
Kerosene Rs164.07 Rs164.07 Unchanged
Light diesel oil Rs152.68 Rs147.68 Rs5

Federal Finance Minister Ishaq Dar added that the new prices are to be determined for the next 15 days from June 1 and in this regard, there has been no major change in petroleum prices in the last 15 days, nor has the value of the rupee against the dollar.

Finance Minister added that taking everything into account, efforts were made to take out as much space as possible and give it to the people.


Saman Siddiqui

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