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Pakistan cuts petrol and diesel prices - Reuters

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Pakistan cuts petrol and diesel prices | Reuters

Pakistan cuts petrol and diesel prices

A worker holds a fuel nozzle to fills fuel in a car, after the government announced the increase of petrol and diesel prices, at petrol station in Karachi, Pakistan September 16, 2023. REUTERS/Akhtar Soomro/File photo Acquire Licensing Rights

Oct 15 (Reuters) - Pakistan on Monday cut the prices of petrol and diesel owing to the decreasing trend of petroleum prices in the international market, the finance ministry said in a statement.

The price of petrol would drop by 40 Pakistani rupees ($0.144) to 283.38 rupees a litre effective October 16.

High-speed diesel cost would drop by 15 rupees to 303.18 rupees a litre.

($1 = 277.2000 Pakistani rupees)

Reporting by Mrinmay Dey in Bengaluru; Editing by Andrew Cawthorne

Our Standards: The Thomson Reuters Trust Principles.

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