Govt reduces petrol price by Rs4, diesel by Rs2

The federal government has announced a reduction in fuel prices, providing relief to consumers across the country. Petrol prices have been cut by Rs4 per litre, while high-speed diesel has been reduced by Rs2 per litre.

The federal government has announced a reduction in fuel prices, providing relief to consumers across the country.

Petrol prices have been cut by Rs4 per litre, while high-speed diesel has been reduced by Rs2 per litre.

According to a notification issued by the Petroleum Division, the new prices will come into effect from June 13.

After the revision, the price of petrol has been fixed at Rs373.78 per litre, down from Rs377.78.

The price of high-speed diesel has been reduced to Rs378.78 per litre from Rs380.78.

Officials said the revised rates will remain in place for the week ending June 19.

The government has been reviewing fuel prices on a weekly basis in line with global oil market trends.

Authorities said the adjustment reflects changes in international crude oil prices.

Petrol is widely used in small vehicles, motorcycles, and rickshaws.

Any change in its price directly affects daily commuting costs for the general public.

High-speed diesel is mainly used in transport, agriculture, and industrial machinery.

It plays a key role in determining overall inflation levels in the country.

The transport sector, including trucks, buses, and freight services, is heavily dependent on diesel.

Officials say fuel price adjustments are necessary to balance global market fluctuations.

The government has been revising petroleum prices regularly amid changing international energy conditions.

Consumers are expected to get short-term relief from the latest reduction in fuel rates.