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Govt reduces petrol price by Rs3.19
['The Frontier Post']
The Frontier Post
ReportISLAMABAD: The government on Thursday reduced the prices of petrol and high-speed diesel (HSD) by Rs3.19 and Rs1.50 per litre, respectively.
Following the revision, petrol will retail at Rs329.82 per litre, while HSD will cost Rs382.36 per litre.
The government continues to levy Rs110 per litre in taxes and duties on petrol and Rs96 per litre on HSD.
The petrol price had peaked at Rs458.41 on April 3 after beginning its upward trajectory from Rs266 in the first week of March.
Petrol is mainly used in private transport, small vehicles, rickshaws and two-wheelers, and changes in its price affect the middle and lower-middle classes.