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  • Petroleum prices likely to be reduced by Rs12 per litre

    Petroleum prices likely to be reduced by Rs12 per litre File Photo

    According to sources, the government has decided to reduce petroleum prices by Rs12 per litre from January 1.

    Petrol price is expected to be cut by Rs10.15, high speed diesel Rs6, high octane Rs12, light diesel Rs6.30 and kerosene price might be reduced by Rs5 per litre. The new petroleum prices will be applicable from January 1 after approval by Prime Minister Nawaz Sharif.