ISLAMABAD: The government has reduced the price of jet fuel by Rs56.97 per litre, bringing the new rate down to Rs238.87 per litre, according to official sources.
The latest revision in aviation fuel prices comes as part of ongoing adjustments in petroleum product rates. Authorities confirmed that the new price is effective immediately after the announcement.
Earlier, the government had also announced significant reductions in other petroleum products. Petrol prices were cut by Rs74 per litre, while diesel was reduced by Rs67 per litre, providing broad relief across the energy sector.
Officials said the reduction in jet fuel prices is expected to lower operational costs for airlines. This may also create the possibility of a decrease in domestic and international airfares in the coming days.
The government stated that fuel price changes are being made in line with fluctuations in global oil markets. Further revisions may be considered depending on international price trends and economic conditions.
