Kerosene price reduced as government extends relief on petroleum products

The federal government has extended the latest reduction in petroleum prices by lowering the cost of kerosene oil, providing additional relief to consumers who rely on the fuel for household

The federal government has extended the latest reduction in petroleum prices by lowering the cost of kerosene oil, providing additional relief to consumers who rely on the fuel for household and commercial use, particularly in remote and off-grid areas.

According to a notification issued by the Oil and Gas Regulatory Authority (OGRA), the price of kerosene has been reduced by Rs3.58 per litre. Following the latest revision, the new retail price of kerosene has been fixed at Rs301.64 per litre, down from the previous rate of Rs305.22 per litre.

The reduction comes as part of the government’s broader revision of petroleum product prices aimed at passing on the benefit of changes in international oil markets to consumers.

Earlier, the Petroleum Division announced fresh prices for major petroleum products effective from August 4, confirming a decrease in the prices of both petrol and high-speed diesel.

Under the revised rates, petrol has become cheaper by Rs4.80 per litre, bringing its new price down to Rs331.95 per litre. Likewise, the price of high-speed diesel (HSD) has been reduced by Rs2.45 per litre, setting the new rate at Rs389.93 per litre.

The latest cuts are expected to provide modest relief to motorists, transporters, and businesses facing high operating costs, while the reduction in kerosene prices is likely to benefit households in regions where the fuel remains a primary source for cooking, heating, and lighting.