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Good news for motorists as the caretaker federal government has decided to keep the petrol price steady at Rs. 281.34 per liter until December 15. Your fuel budget remains untouched for the next fortnight.
Diesel Gets Cheaper
In a surprising move, the high-speed diesel (HSD) sees a significant cut of Rs. 7 per liter, bringing relief to the transport and agriculture sectors. Simultaneously, kerosene oil experiences a dip of Rs. 3.82 per liter, lightening the burden for households reliant on this essential fuel.
Light Diesel Oil Price
Light diesel oil isn’t left out either, receiving a cut of Rs4.52 per liter. This reduction extends financial relief to various sectors using this fuel source.
Petrol Price Comparison: Then and Now
Here’s a quick look at the changes:
– Petrol: Rs283.38 ➔ Rs281.34 (No change)
– High-Speed Diesel (HSD): Rs296.71 ➔ Rs289.71 (Decrease: Rs7)
– Kerosene Oil: Rs204.98 ➔ Rs201.16 (Decrease: Rs3.82)
– Light Diesel Oil: Rs180.45 ➔ Rs175.93 (Decrease: Rs4.52)
Fuel Impact
Recent reports suggested a looming inflation surge in November, primarily attributed to a substantial hike in gas prices. Diesel’s price reduction might play a crucial role in mitigating the inflationary impact, particularly in the transport and agriculture sectors.
Fuel Pricing Dynamics
Fuel prices in Pakistan undergo evaluation every fortnight, considering international energy market fluctuations and the rupee-dollar exchange rate. The interim government’s decision to maintain petrol prices while reducing diesel and kerosene rates reflects a strategic balance in addressing consumer needs.pe
What are your thoughts on this petrol price update? Are you happy or were you looking for further price reduction? Share your thoughts with us in the comment section below!
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