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Further cut in petrol prices from February 1

almost 6 years ago
cut in petrol prices from February 1

Further cut in petrol prices from February 1

The government is likely to reduce prices of the major petrol products in the range of Rs5.5 to Rs11 per litre from February 1, it is learnt.
According to officials privy to the developments, the price of HOBC is expected to go down by Rs11 per litre, petrol by Rs8.75 per litre, High Speed Diesel by Rs8 per litre, Light Diesel by Rs7.50 per litre and kerosene oil by Rs5.5 per litre.
The Ogra on January 30 will send a summary to the PM after calculating prices of the imported oil and it is expected that the price of major oil products may further decline as at least three ships by the end of the current month are due to reach Karachi port. “Keeping in view current trends it is expected that the prices of the major oil products may reduce by Rs5.5 to Rs11 per litre”, the official said.

Written by:

Muhammed Hanif Memon

Founder and Editor in Chief of Monthly Automark Magazine since 2006. Magazine published from Karachi Pakistan covers Automotive industry of Pakistan, car, motorcycle and tractor news. Magazine distributed in Karachi, Lahore, Hyderabad, Multan, Islamabad, Gujranwala, Faisalabad.

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