In a welcome move for consumers, the caretaker government has announced a significant reduction in petrol prices for the next 15 days. Late on Monday night, the new price for petrol was set at Rs 259.34 per litre, reflecting a substantial Rs 8 reduction per litre.
The Finance Division, following the recommendations of the Oil and Gas Regulatory Authority (OGRA), revealed the adjusted prices for petroleum products for the upcoming fortnight starting from January 16. Notably, the diesel rate remains unchanged at Rs 276.21 per litre.
Here’s a quick overview of the recent changes:
- MS (Petrol):
- Existing Price: Rs 267.34 per litre
- New Price: Rs 259.34 per litre
- Change: -Rs 8
- High-Speed Diesel (HSD):
- Existing Price: Rs 276.21 per litre
- New Price: Rs 276.21 per litre
- Change: Rs 0
This reduction in petrol prices is expected to bring relief to consumers and contribute to more affordable transportation costs during the latter half of January. As we navigate economic fluctuations, such adjustments offer a positive impact on household budgets and overall spending. Stay tuned for more updates on fuel prices as we move forward into the new year!
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