Light Diesel price was also Reduced by Rs. 1.97. Also, OGRA had recommended the increase of Rs. 1.66 in prices of Kerosene oil, which was not approved, resulting in no change in prices of Kerosene oil.
Reduction of all the prices was resulted by dropping prices of petroleum products in the international market. Normally, OGRA announces the change in petroleum prices, however, this time as mostly the prices were being reduced, so Prime Minister Nawaz Sharif did not let go the opportunity to announce the price drops. He also mentioned that Pakistan is only country in region which is passing the drop in fuel price to the masses. But in reality, in percentage government of Pakistan is taking much more tax on every litter than they were taking, when the prices were on peak.