ISLAMABAD: The federal government on Sunday announced that to keep the price of petrol unchanged until December 31.
The price of petrol will remain unchanged at Rs252.10 per litre for the next fortnight, according to a statement issued by the finance division.
However, the government announced a reduction in the price high-speed diesel by Rs3.05 to Rs255.38 per litre.
“The Oil and Gas Regulatory Authority (OGRA) has worked out the consumer price of petroleum products in view of the fluctuations in the in international market in the last fortnight,” read the notification issued by the Finance Division.
| Products | Existing price | New price | Increase/Decrease |
| High Speed Diesel (HSD) | 258.43 | 255.38 | -3.05 |
| Petrol | 252.10 | 252.10 | 0.00 |
| Kerosene | 164.98 | 161.66 | -3.32 |
| Light Diesel Oil | 151.73 | 148.95 | -2.78 |
The government reviews fuel prices every 15 days and adjusts them based on the movements of global oil prices and the exchange rate of the local currency.
This is a developing story and is being updated with more details.
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