ISLAMABAD: The caretaker federal government decided on Thursday to maintain the petrol price at Rs281.34 per litre for the next fortnight — till December 15.
However, the high-speed diesel (HSD) price has been slashed by Rs7 per litre while kerosene oil reduced by Rs3.82 per litre. The light diesel oil has also been cut by Rs4.52 per litre.
Caretaker Prime Minister Anwaar-ul-Haq Kakar approved the new fuel prices which will be effective from Thursday midnight and remain in place till December 15.
On November 15, the interim government reduced the petrol and diesel prices by Rs2.04 and Rs6.47 per litre, respectively.
Oil prices plummeted around 7% to under $70 per barrel on concerns an economic downturn would hit demand
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