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Thursday, June 15, 2023

Govt keeps petrol, diesel prices unchanged for next fortnight

 Thursday Jun 15, 2023


Same fuel costs will stay essentially till June 30: Dar.
Finance serve rejects media reports asserting decrease in costs.
Choice taken considering slight expansion in global costs.

The national government has declared keeping the fuel costs unaltered for the following fortnight.


Finance Clergyman Ishaq Dar on Thursday declared the choice in a broadcast address.


Dismissing the media reports with respect to fuel costs, Dar said the choice to keep up with the fuel costs had been taken considering global rates.


The money serve said worldwide unrefined petroleum and gas costs had seen slight expansion in the beyond couple of days.


He said the public authority had in total diminished the diesel and petroleum costs by Rs35 and Rs20 over the most recent 30 days.


In any case, the cost of light diesel oil has been expanded by Rs2.52 and will be Rs150.20 per liter from tomorrow.


Similar costs will stay basically till June 30, he added.


During the keep going fortnightly audit on May 31, The central government scaled down the costs of oil based goods by up to Rs8 per liter.


The cost of petroleum was decreased to Rs262 per liter after a cut of Rs8 while diesel came down to Rs253 per liter after a decrease of by Rs5.


The public authority's declaration comes as it faces expanded tension because of rising petroleum costs — which had arrived at a record of Rs282 per liter recently — and expansion, which is at present the most noteworthy in the district.


The new decrease in worldwide oil costs has given some help, however the public authority is as yet confronting trouble in holding costs down as the rupee devalues.

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