The government has announced a reduction in petroleum prices, providing some relief to the public. According to the notification, petrol prices have decreased by Rs 2.70 per litre, bringing the new price to Rs 247.03 per litre.
High-speed diesel has been reduced by Rs 3.40 per litre, while light diesel prices have fallen by Rs 1.30 per litre. Additionally, kerosene oil prices have been cut by Rs 3.57 per litre.
This decision aims to alleviate inflationary pressures on consumers amid rising global fuel costs. Prior reports suggested a price drop was anticipated starting October 1, with reductions of Rs 1 to Rs 3 per litre expected.