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Govt could slash petrol value by Rs11 per litre from Dec 16: sources

Govt may slash petrol price by Rs11 per litre from Dec 16
The federal government could slash the worth of petrol by Rs11 per litre from December 16, sources mentioned.

The worth of diesel is predicted to lower by Rs9 per litre, revealed trade sources, including that the federal government will finalise the costs of petroleum merchandise after both elevating or reducing the tax charges.

The worth of crude oil has seen a decline worldwide lately.

The revised costs of petroleum merchandise will come into impact from December 16.

On Nov 30, the federal government had introduced to take care of the costs of petroleum merchandise for the December 1-15 interval in keeping with Prime Minister Imran Khan’s choice.

“The petrol value will stay unchanged at Rs145.82 per litre, and the worth of diesel will stay Rs142.62 per litre as earlier than,” the assertion had mentioned.

“The costs of kerosene oil and lightweight diesel will keep at Rs116.53 and Rs114.07 per litre, respectively.”