Govt cuts petrol price by Rs4, keeps diesel unchanged

ISLAMABAD: The federal government has reduced the price of petrol by Rs4 per litre to Rs377.78 for the next week, while keeping the price of high-speed diesel unchanged at Rs380.78 per litre.

According to a notification issued by the Petroleum Division, the revised prices have taken effect immediately and will remain applicable for one week.

Petrol is widely used in motorcycles, rickshaws, private vehicles and light commercial transport, making changes in its price relevant to household and commuting costs.

High-speed diesel is mainly consumed by buses, trucks, agricultural machinery, tractors and tube wells.

Its price affects freight charges, agricultural production costs and the transportation cost of essential commodities.

The government did not announce any change in the high-speed diesel price under the latest revision.