The federal government has announced significant drops in the price of petroleum products in an effort to alleviate the public.

The Federal Ministry of Finance said that the price of petrol has been reduced by Rs 15.39 and that the price of high-speed diesel has been reduced by Rs 7.88. Additionally, there has been a Rs 7.54 fall in the price of light diesel oil.

After these modifications, the new rates for petrol are Rs 273.10, high-speed diesel is Rs 274.08, and light diesel is Rs 161.17.

It stated, "New petroleum prices will be effective for the next fortnight starting on May 16."



The government slashed the price of petrol by Rs 5.45 earlier this month on May 1st, and it also significantly lowered the price of diesel by Rs 8.42.