Federal Government revises fuel prices for July

Islamabad: The government revised prices of fuel products, reducing the price of petrol and diesel by Rs1.5.

Finance Minister Ishaq Dar said the price of petrol has been decreased by Rs1.5 per litre, while the price of high-speed diesel will will also be reduced by the same amount for the month.

Petrol will now be sold at Rs71.3 per litre and diesel at Rs79.9.

Dar added that the government will continue to provide a subsidy of Rs2.4 billion on petroleum products.

“The new prices will become effective midnight,” said the finance minister.

Prices of all other remaining petroleum products will remain unchanged.