Petrol price drops by Rs 80, settles at Rs 378.41

Islamabad: Petrol prices in Pakistan have been reduced by Rs 80, bringing the new rate down to Rs 378.41 per litre, providing significant relief to consumers. The reduction is expected to ease transportation costs and slightly lower inflationary pressure across various sectors. Analysts believe the move may support economic activity, particularly in logistics and commuting, while offering temporary financial relief to households. However, experts also caution that sustainability of lower fuel prices depends on global oil trends and currency stability. Authorities have indicated that future revisions will continue to reflect international market conditions and economic factors, keeping energy pricing aligned with broader fiscal policies.