KARACHI: The price of petrol was on Monday reduced by Rs4.86 per litre, setting the price at Rs90.97 per litre.
Similarly, the price of high speed diesel was slashed by Rs4.26 per litre. After this reduction, it will be available at Rs196.68 per litre.
The price of kerosene was set at Rs82.97 after a reduction of 52 paisa. The cost of light diesel oil was cut down by Rs2.16 per litre. Its new price is now Rs75.28 per lite.
Last week, the Oil and Gas Regulatory Authority (Ogra) recommended a reduction in the prices of petroleum products by up to 13.5 per cent for the month of January 2019.