{"id":233066,"date":"2021-12-16T08:51:04","date_gmt":"2021-12-16T03:51:04","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=233066"},"modified":"2021-12-16T08:51:04","modified_gmt":"2021-12-16T03:51:04","slug":"govt-cuts-prices-of-petroleum-products-by-up-to-rs7-per-litre","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/govt-cuts-prices-of-petroleum-products-by-up-to-rs7-per-litre\/","title":{"rendered":"Govt cuts prices of petroleum products by up to Rs7 per litre"},"content":{"rendered":"<p>Development comes as the price of crude oil sees a decline worldwide<br \/>\nIslamabad<br \/>\nThe federal government on Wednesday reduced prices of petroleum products by up to Rs7 per litre after a proposal by the Oil and Gas Regulatory Authority (Ogra) earlier.<br \/>\nThe development comes as the price of crude oil has seen a decline worldwide recently.<br \/>\nSources told The Express Tribune that the authority had proposed a reduction in prices of petroleum products by Rs8 to 10 per litre. However, the government had slashed the price of petrol by Rs5, Kerosene Oil by Rs7, high-speed diesel (HSD) by Rs5 and light diesel oil (LDO) by Rs Rs7.1.<br \/>\nAfter the reduction, the new price of petrol had come down to Rs140.82, HSD to 137.62, Kerosene Oil to Rs109.53 and LDO to Rs107.06.<br \/>\nLast month, the government announced that it will maintain the prices of petroleum products for the December 1-15 period in line with Prime Minister Imran Khan\u2019s decision.<br \/>\nEarlier this week, Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin had said that following the drop in prices in the global market, petrol prices in Pakistan would also undergo a reduction.<br \/>\nIt may be noted that petroleum prices in Pakistan had touched an all-time high with petrol being sold at Rs146 per litre.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Development comes as the price of crude oil sees a decline worldwide Islamabad The federal government on Wednesday reduced prices of petroleum products by up to Rs7 per litre after a proposal by the Oil and Gas Regulatory Authority (Ogra) earlier. The development comes as the price of crude oil has seen a decline worldwide [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":137497,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2],"tags":[876,935,1711],"class_list":{"0":"post-233066","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-top-news","8":"tag-petrol","9":"tag-petroleum","10":"tag-products"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Govt cuts prices of petroleum products by up to Rs7 per litre<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/govt-cuts-prices-of-petroleum-products-by-up-to-rs7-per-litre\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt cuts prices of petroleum products by up to Rs7 per litre\" \/>\n<meta property=\"og:description\" content=\"Development comes as the price of crude oil sees a decline worldwide Islamabad The federal government on Wednesday reduced prices of petroleum products by up to Rs7 per litre after a proposal by the Oil and Gas Regulatory Authority (Ogra) earlier. 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