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Govt cuts petrol by Rs6, diesel Rs6.80 per litre | Good News

The government of Pakistan has reduced the petrol price by Rs6 per litre, according to the Ministry of Petroleum, offering relief to consumers amid ongoing inflationary pressure.

According to the official notification, the revised petrol price will come into effect from midnight as part of the latest weekly fuel adjustment mechanism.

The diesel rate has also been reduced by Rs6.80 per litre, easing transportation and logistics costs across the country.

Officials confirmed that the new fuel pricing structure will remain valid for one week, after which fresh revisions will be announced in the next review cycle.

In a previous revision on May 16, the government announced a Rs5 per litre reduction in fuel costs, providing relief to consumers facing persistent economic pressure.

Under that adjustment, fuel rates were reduced significantly, bringing the new petrol benchmark to Rs409.78 per litre, according to the official notification.

Similarly, high-speed diesel was also reduced by Rs5 per litre, taking the new diesel rate to Rs409.58 per litre.

Officials stated that the reduction was made under the fortnightly pricing mechanism, which takes into account changes in international oil prices and exchange rate movements.

The latest petrol price cut is expected to benefit transporters, businesses, and daily commuters by lowering overall fuel expenses.

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