Rs22 per litre reduction in petrol price likely from May 1

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Islamabad: The government is likely to announce a big reduction in petroleum prices from May 1.

Sources said that the price of petrol is likely to be reduced by Rs22 while that of diesel by Rs31 per litre.

They said that the relief to the consumers is expected after the reduction in petroleum prices in the international market.

The oil prices in the international market are already down due to coronavirus pandemic.