The federal government has reduced the price of petrol by Rs7.06 per liter for the month of June.
The reduction in petroleum prices was suggested by the Oil and Gas Regulatory Authority-OGRA in line with the dip in global crude oil prices due to virus-fuelled lockdowns.
According to a notification issued by the Finance Division, the new prices of the petroleum products will be effective from 1st June 2020 12 am Monday.
The price of petrol went down by Rs 7.6 per litre, it will now cost Rs 74.52.
Kerosene oil price went down by Rs11.88 to Rs 35.56 per litre.
The price of light diesel oil has been reduced to Rs38.74 per litre after a cut of Rs9.37.
While the price of High-speed diesel is increased by 5 paisas. It will now be available at Rs80.15 per litre.