Government Reduces Petrol and Diesel prices for April

Government has decided to reduce prices of petrol and diesel by Rs. 2.07 and Rs 2.00 per litre respectively for the month of April 2018. It has further decided to maintain the prices of Kerosene oil and LDO at the same level as in the month of March.

OGRA had proposed increase in the price of diesel by Rs 0.65 per litre but keeping in view the fact that diesel is primarily used in public transportation, transportation of goods, and also in farm equipment, the government decided not to burden the public at large with higher rates of diesel. OGRA had recommended a greater price reduction in the price of petrol, but keeping in mind that in previous months the government had reduced the price of petrol by more than what OGRA had recommended, and given the rising price of crude oil in the international market, the government took the decision to reduce the price of petrol by Rs 2.07 per litre.

Finally, the prices of Kerosene and LDO are being maintained at the level as in March 2018 even though OGRA had recommended to increase the rates of both these products.

The prices shall be effective from April 1, 2018 till midnight on April 30, 2018.