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Federal Finance Minister Miftah Ismail on Sunday introduced slashing the petrol charge with the aid of Rs3.05 in step with litre that allows you to offer relief to most people. But, the diesel rate expanded by means of Rs8.95.

Miftah made an declaration on Twitter, he wrote that the new prices will be effective from midnight tonight.

Following the changes within the prices, petrol will now be bought at Rs227.19 per litre. Formerly, petrol changed into being bought inside the united states for Rs230.34 according to litre.

In the meantime, there has been an growth of Rs8.95 in the charge of excessive-speed diesel, after which the brand new rate will be Rs244.95 according to litre.

Alternatively, kerosene oil, which was formerly to be had for Rs196.Forty five in line with litre, will now be offered for Rs201.07 consistent with litre following an growth of Rs4.62.

Mild diesel oil registered a mild decrease of Rs0.12, after which it is going to be sold for Rs191.32 in line with litre as against the preceding fee of Rs191.Forty four consistent with litre.

The government had determined to revise the existing expenses of petroleum products to pass on the effect of fluctuations in petroleum charges in the international market and alternate price version, according to a press launch he shared from the Finance division.