Finance Minister Ishaq Dar Sunday announced a decrease in price of high-speed diesel but said that the price of petrol will remain unchanged for the next fortnight.
Under the revised prices, the price of high-speed diesel will now be Rs. 288 per liter, after a reduction of Rs. 5. The price of petrol will remain at Rs. 282 per liter.
The price of kerosene oil and light diesel oil has been reduced by Rs. 10 each. The new price of kerosene oil will be Rs. 176.07 per liter while the price of light diesel oil will be Rs. 164.68 per liter.
It is pertinent to mention here that at the previous fortnightly review of petroleum prices, the government increased the price of petrol by Rs. 10 per liter.
At the time the government said that the increase in the price of petrol was in the wake of increase in petroleum prices in the international market and exchange rate variations.