Petrol, Diesel Prices Slashed by Rs4 and Rs2
The government on Friday reduced the price of petrol by Rs4 per litre and diesel by Rs2 per litre with immediate effect. Following the decrease, the price of petrol stands at Rs373.78 per litre and high-speed diesel (HSD) at Rs378.78, down from Rs377.78 and Rs380.78 per litre, respectively. The Petroleum Division’s notification announcing the decrease said the new prices would be effective from June 13 (Saturday). This is the fifth consecutive weekly reduction in petrol price
The government has announced a reduction in fuel prices, lowering petrol by Rs4 per litre and diesel by Rs2 per litre, effective immediately. This brings the new price of petrol to Rs373.78 and high-speed diesel (HSD) to Rs378.78 per litre. This marks the fifth consecutive weekly decrease in petrol prices, accumulating to a total reduction of Rs41 per litre. The government levies significant taxes on these fuels, including customs duty and petroleum levy. Petrol, primarily used for private transport, directly impacts the budgets of middle and lower-middle-class families. HSD is mainly utilized in the heavy transport sector and for large generators. These price adjustments follow a pattern of weekly revisions influenced by global events.
This price adjustment directly affects the cost of transportation and daily living expenses for a significant portion of the population.
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