Ishaq Dar, the finance minister, announced a Rs. 5 per litre decrease in the price of petrol on Tuesday.
In response to a video message, he stated that the cost price of petrol had decreased from Rs272 to Rs267 per litre.
He continued by saying that the cost of high-speed fuel would stay at Rs280 per litre.
“The price of kerosene oil, which is currently Rs202.73, is being reduced by 15 rupees to Rs187.73. The price of light diesel, which is now at Rs196.68, would be reduced by 12 rupees to Rs184.68, according to the finance minister.