- Petrol Prices: Expected to decrease by Rs3 per liter
- Diesel Prices: Expected to decrease by Rs8.50 per liter
- Kerosene Prices: Expected to decrease by Rs9.11 per liter
Reason for Price Reduction
- Decrease in Global Crude Oil Prices: The reduction in prices is likely due to the decrease in global crude oil prices
Announcement of New Prices
- Date of Announcement: July 31
- Person Announcing: Finance Minister
- Preceding Approval: Following the instructions of the Prime Minister
Other Relevant Information
- OGRA’s Role: OGRA would be sending the final summary regarding the prices of petroleum products to the government
- Effective Date of New Prices: August 1
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