Government Reduces Petrol Prices by 10 Rupees per Liter: Major Relief for Consumers
The government has announced a significant reduction in the prices of petroleum products, offering much-needed relief to the public. According to Geo News, the price of petrol has been reduced by 10 rupees per liter. Additionally, the price of light diesel has been cut by 12.12 rupees per liter, while high-speed diesel now costs 13.06 rupees less per liter.
In another positive development, the price of kerosene oil has been decreased by 11.15 rupees per liter, which will benefit both households and industries that rely on this vital fuel.
These price reductions are expected to alleviate financial pressures on consumers by lowering transportation and operational costs across various sectors, potentially leading to broader economic benefits. The decision comes at a crucial time, offering relief amid rising inflation and economic challenges.