In a new revision to fuel prices The federal government has offered small amount of relief to consumers through cutting prices for petrol after an increase in prices that was significant in recent months.
According to a statement released from the Finance Division, the price of gasoline has been cut by the amount of Rs. 7.54 per Liter, bringing the price down to just Rs. 264.61. In contrast the cost of diesel high speed (HSD) has increased by the amount of Rs. 1.48 per liter. It is and is now at Rs. 285.83 per liter.
In the review of the fortnightly report price of petrol was increased by 5 percent to Rs. 5.36 per liter, bringing the price to 272.15 Rs. 272.15 and HSD witnessed a dramatic increase of the equivalent of Rs. 11.37 per Liter, which brought it up to the price of. 284.35.
To give context, petrol prices have risen and fallen dramatically since the 1st of June. At that time fuel was priced at 253.63 rupees, diesel at Rs. 253.63 and diesel was priced at the price of Rs. 254.64 per liter. Between June 1 to July 15, gasoline prices had already increased by the equivalent of Rs. 18.52 per liter. This was which caused concerns among both businesses and consumers alike.
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