The Oil and Gas Regulatory Authority (OGRA) announced upto a Rs5.7 per litre cut in the petroleum prices for the month of June.
According to the new prices, the price of light diesel oil was reduced by Rs5.7 per litre while that of high speed diesel by Rs3.2 per litre.
A meager cut off 18 paisas a litre was announced for petrol whereas the price of kerosene oil was decreased by Rs5.05 per litre.
According to the OGRA spokesperson, the prices had been reduced due to decline in oil prices in the international market.
The revised prices will come into effect from midnight.