Petrol prices to be slashed by Rs4.59 effective Sept 1

ISLAMABAD: The prices of petroleum products are scheduled to be slashed effective September 1, Geo News reported, with per-litre petrol to be Rs 4.59 less costly.

The prices of high speed diesel, kerosene oil, and light diesel would be lowered by Rs7.67, Rs4.27, and Rs5.63 per litre, respectively.

The new respective per-litre prices of petrol, high speed diesel, kerosene oil, and light diesel would be Rs113.24, Rs124.80, Rs99.57, and Rs91.89.

In this regard, the prime minister's special assistant on information and broadcasting, Dr Firdous Ashiq Awan, said the benefit of lowered global oil prices would be directly offered to the people.

The second year of 'Naya Pakistan' would bring good news for the people, she added.

Terming it a practical step, Dr Awan further said on Twitter: "Instead of taking the price-cut gain for itself, the people-friendly government will directly pass the benefit of lowered oil prices in the global market to provide relief to the people.

"Under the leadership of Prime Minister Imran Khan, Naya Pakistan's second year will bring growth, prosperity and benefits, and good news for the country.