Due to changes in oil prices on the global market, the government announced a revision in petroleum prices on Sunday.
According to a statement released by the Finance Division, the cost of petrol has been reduced by Rs3.05 a litre for the first half of August 2022.
Petrol will now be sold for Rs227.19 per litre as a result of the pricing revisions. Previously, the price of petrolin the country per litre was Rs230.34.
The price of high-speed diesel has been upped by Rs8.95, the new price per litre is now Rs244.95.
The depreciation of the rupee against US dollar has raised the cost of purchasing petroleum products, the Ministry of Energy notified the Economic Coordination Committee (ECC) of the cabinet today.
