Gov’t reduces petrol prices by Rs7.06 per litre

MG News | May 31, 2020 at 11:40 PM GMT+05:00

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May 31, 2020: In order to provide further relief to the consumers, the government reduced further the prices of petrol by Rs7.06 per liter, Finance Ministry said Sunday.

The petrol prices have been reduced from Rs81.58 per liter to Rs74.52 per liter, said a press statement issued by the ministry here adding that the new prices would be applicable from June 1, 2020.

Likewise, the prices of Kerosene Oil have been reduced from Rs47.44 per liter to Rs35.56 per liter whereas the prices of Light Diesel Oil were reduced from Rs47.51 per liter to Rs38.14 per liter.

However, the prices of High Speed Diesel witnessed nominal increase of Rs0.05 as it went up from Rs80.10 per liter to Rs80.15 per liter.

Despite the global trend of increasing prices of the petroleum products, the government has decided to extend further relief in petroleum prices to the public, the statement added.

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