Islamabad (Web Desk): Petrol Prices reduced from 1st December 2014, notification has been issued and the new prices have now been implemented.
Prime Minister Nawaz Sharif had announced the reduction in prices during his speech in Havelian on Saturday. The oil prices now stand at their lowest in last 28 months.
According to new prices, Petrol new Price is Rs. 84.53 per liter with the decrease of Rs. 9.66 from Monday (today) 1st December 2014.
Prices of high and light diesel were reduced by Rs.7.12 and 5.39 per liter respectively.
Kerosene oil prices have reduced by Rs4.34 per liter. Biggest price reduction was observed in High Octane price.
After reduction of Rs. 10.18, High Octane will now be sold at Rs. 106.27 per liter.
Petrol prices have come on the lowest level of the last two years and four month in Pakistan. Petrol price was Rs.85/ liter in July 2012.
It is pertinent to mention here that Prime Minister Nawaz Sharif on Saturday announced to cut petroleum products’ prices.
