To bring relief to people, the government agreed on Wednesday to reduce the price of petrol and high-speed diesel (HSD) by Rs5 per litre starting December 16.
According to a notice issued in this respect, petrol will now cost Rs140.82 and HSD will cost Rs137.62.
The government also cut the price of kerosene oil by Rs7 per litre and the price of light diesel oil (LDO) by Rs7.01 per liter.
The rates have been lowered as the price of petroleum products on the international market has fluctuated.
The revised pricing will take effect on December 16th, according to the announcement.