Business

Light diesel, jet fuel prices drop in Pakistan

ISLAMABAD: The impact of declining global petroleum prices has begun to reflect in Pakistan, as the government has reduced the prices of light diesel and jet fuel.

According to the latest revision, the price of light diesel has been cut by Rs70.04 per litre, bringing it down from Rs399.72 to Rs299.32 per litre.

Similarly, jet fuel prices have been reduced by Rs23.59 per litre, decreasing from Rs494.71 to Rs471.01 per litre.

Earlier, the price of high-speed diesel was also reduced by Rs32.12 per litre, lowering it from Rs385.54 to Rs353.43 per litre.

The reductions come in response to a downward trend in international petroleum prices, providing some relief in fuel costs within the country.

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