With the decline in the value of the dollar, the possibility of a reductionin petrol prices is also being indicated. From October 1st, the price ofhigh-speed diesel and petrol could decrease by 5 to 19 rupees per liter.This would mark the first reduction in petroleum prices during the currentgovernment’s tenure.
Since Prime Minister Anwar al-Haq Kakar took office, petrol prices haveincreased by 58 rupees and 43 paise, while high-speed diesel prices haverisen by 55 rupees and 83 paise. To save on petrol costs, people havereportedly installed dangerous LPG kits in motorcycles.
It is said that due to the decrease in oil prices in the global market anda drop in the dollar exchange rate, petrol prices could decrease by 15 to19 rupees per liter.
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The last reduction in petrol and diesel prices occurred in mid-July whenpetrol was reduced by 9 rupees per liter to 253 rupees, and diesel wasreduced by 7 rupees to 253 rupees and 50 paise.
