Federal Minister for Petroleum Ali Pervaiz Malik says the government is committed to pass on the benefits of reduction in petroleum prices to the people while remaining within its international obligations.
In a post on his X handle today, he said under this commitment, the price of high-speed diesel has been reduced by a total of 200 rupees per litre and petrol by a total of 155 rupees per litre.
The Minister said this week, the price of petrol in the global market was between 98.35 and 91.68 dollars per barrel while high-speed diesel remained between 109.09 and 104.79 dollars per barrel.
He said the government is neither prioritizing any particular sector nor burdening any other.
