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Govt Slash Prices of Petroleum Products

Farhan Abro July 8, 2018

Less than a minute

ISLAMABAD: Federal Minister for Energy Syed Ali Zafar announced to slash prices of petroleum products with effect from tonight.

Petroleum Products Prices from 8th July

Petrol – Rs95.24 per litre

High Speed Diseal – Rs112.94 per litre

Light Speed Diseal – Rs 75.37 per litre

Kerosene Oil – Rs83.96 per litre

In a statement released, the minister said that the federal government has decided to reduce petroleum prices in order to provide relief to the general public.

“Sales tax rates would be reduced from 17% to 12% for Motor Spirit and Kerosene Oil, from 31% to 24% on High-Speed Diesel, and from 17% to 9% on Light Diesel Oil,” the statement read.

Farhan Abro

Hello! My name is Farhan Abro, and I'm based here in Islamabad. My journey in Pakistan's digital media really kicked off when I founded INCPak back in 2012. We built it from the ground up, driven by an entrepreneurial spirit, to be a trusted voice for independent journalism. But while media is a big part of who I am, I'm also shaped by a fascinating mix of other passions. I'm deeply into automotive, which gives me a technical edge, but I also find my artistic expression through landscape photography and music. And I'm always diving into the exciting world of Artificial Intelligence. Bringing all these different worlds together the technical, the creative, the journalistic, and the entrepreneurial—it really colors how I see things and approach every project. It gives me a distinct perspective that I try to bring to everything I share