Big Relief: Petrol & Diesel Prices Slashed in Pakistan – New Rates Effective from Midnight
The federal government has announced a reduction in petrol and diesel prices, giving people a little break from rising costs. This decision is especially helpful for people who travel daily, ride bikes, or run transport or delivery businesses.
When Will the New Prices Start?
According to the Ministry of Finance, the new fuel prices will begin tonight at 12 AM (midnight) and will remain for the next 15 days.
New Fuel Prices
- Petrol: Now Rs. 262.15 per litre (was Rs. 272.15)
- Diesel: Now Rs. 269.35 per litre (was Rs. 284.35)
So petrol is now Rs. 10 cheaper, and diesel is Rs. 15 less.
Why Did Prices Go Down?
Officials say this price cut happened because of three main reasons:
- Oil prices in the international market went down
- The Pakistani Rupee became a little stronger
- The government aims to ease the burden on citizens.
Experts also say this will help small businesses and transport companies by lowering their fuel costs.
What Are People Saying?
The announcement brought relief to many — especially:
- Bike riders
- Taxi drivers
- Delivery workers
“Fuel was too costly for months. This drop really helps us,”
said Asim Khan, a delivery rider in Lahore.
People are now hoping that transport fares and food prices will also come down soon.
Government’s Statement
The government says they review fuel prices every two weeks based on:
- Global oil prices
- Dollar exchange rate
They also added that they will keep working to protect people’s interests and support the economy.
Final Words
This drop in fuel prices is a small but important relief for people facing inflation. While other prices may take time to go down, this is still good news and gives hope to many.
