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Govt Cuts Petrol Price by Rs5.45, HSD by Rs8.42

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LAHORE MIRROR — The Shehbaz-led government on Tuesday slashed the price of petrol and high-speed diesel (HSD) for the next fortnight by Rs5.45 and 8.42, respectively.

In a notification, the finance ministry said the reduction was due to price variations in the international market because of a decreasing trend in prices of petroleum products during the last fortnight.

It said the new petrol price was Rs288.49 per litre and that of HSD was Rs281.96. A fortnight ago, the government had increased the price of petrol and HSD by Rs4.53 and Rs8.14 per litre.