Govt reduces petrol price by 59 paisas for February

Published February 1, 2019
From February 1 to February 28, petrol will cost Rs90.38 per litre. — File
From February 1 to February 28, petrol will cost Rs90.38 per litre. — File

The government on Thursday announced a reduction in the prices of various petroleum products for the month of February.

According to a notification issued by the finance ministry, the price of petrol has been reduced by Rs0.59 per litre, bringing down its price from Rs90.97 per litre to Rs90.38 litre.

The price of kerosene oil has also been reduced from Rs82.98 per litre to Rs82.25 per litre, showing a decrease of Rs0.73 per litre. Similarly, the price of light diesel oil has been reduced by Rs0.25 per litre, from Rs75.28 per litre to Rs75.03 per litre.

However, the price of high speed diesel will remain unchanged at Rs106.69 per litre, the notification said.

These prices would be applicable from February 1 to February 28, 2019, it added.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Who bears the cost?

Who bears the cost?

This small window of low inflation should compel a rethink of how the authorities and employers understand the average household’s

Editorial

Internet restrictions
Updated 23 Dec, 2024

Internet restrictions

Notion that Pakistan enjoys unprecedented freedom of expression difficult to reconcile with the reality of restrictions.
Bangladesh reset
23 Dec, 2024

Bangladesh reset

THE vibes were positive during Prime Minister Shehbaz Sharif’s recent meeting with Bangladesh interim leader Dr...
Leaving home
23 Dec, 2024

Leaving home

FROM asylum seekers to economic migrants, the continuing exodus from Pakistan shows mass disillusionment with the...
Military convictions
Updated 22 Dec, 2024

Military convictions

Pakistan’s democracy, still finding its feet, cannot afford such compromises on core democratic values.
Need for talks
22 Dec, 2024

Need for talks

FOR a long time now, the country has been in the grip of relentless political uncertainty, featuring the...
Vulnerable vaccinators
22 Dec, 2024

Vulnerable vaccinators

THE campaign to eradicate polio from Pakistan cannot succeed unless the safety of vaccinators and security personnel...