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Petrol, diesel prices slashed by Rs 4.59 and Rs 5.33 per litre

Federal government upon recommendations of the Oil and Gas Regulatory Authority has announced decrease in petrol and diesel prices for the month of September 2019.

The new petroleum prices will be effective from 1st of September.

According to the notification issued the price of petrol has been cut by Rs 4.59 per litre, diesel by Rs 5.33 while kerosene oil by Rs 4.27 per litre.

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It was a day earlier when the Oil and Gas Regulatory Authority (OGRA) had suggested a revision in the prices of petrol, high speed and light diesel and kerosene oil, by bringing them down by 5.8 percent.

Furthermore, the spokesperson of All Pakistan CNG Association Ghias Paracha has announced a reduction of Rs 4.40 in CNG prices in Punjab including Islamabad, bringing the price to Rs 85.50 per kg.

He further added that the new prices of CNG will be in effect from September 1 while also stating that the reduction has come forth following a decrease in prices of LNG.

Saman Siddiqui

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