Finance Minister Hammad Azhar announced on Wednesday a Rs1.50 per litre cut in the price of petrol while a Rs3 per litre decrease in that of diesel.

The Oil and Gas Regulatory Authority (OGRA) sent a summary to the Petroleum Division for revision of fuel prices for the month of April. It recommended a Rs1.50 per litre cut in petrol price and a Rs 2.50 per litre decrease in diesel.