PM Shehbaz approves Rs1.86 cut in petrol price, high-speed diesel slashed by Rs3.32 – Business

Prime Minister Shehbaz Sharif on Saturday approved cuts in the price of petrol and high-speed diesel (HSD) by Rs1.86 and Rs3.23, respectively, for the next fortnight in a “big relief” for the masses.

A statement issued by state broadcaster PTV said the petrol price was now Rs259.1 per litre and Rs262.75 for HSD.

The price of kerosene oil was also slashed by Rs2.15 to Rs169.62 per litre and light diesel oil by Rs2.97 to Rs154.05 per litre.

More to follow.