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    Post Govt makes 'heavy' cut in petroleum prices

    ISLAMABAD: The government on Friday slashed oil prices by up to Rs 11.75 per litre following a decline in global crude oil rates. The new prices will be effective from June 16 to June 30.Following cut in oil prices, the government has also reduced rates of Compressed Natural Gas (CNG) by Rs 4.82 per kilogramme in region 1 and Rs 4.37 per kilogramme in region 2.The region 1 consists of Balochistan, Khyber Pakhtunkhwa and Potohar and region 2 includes Sindh and Punjab.In region 1, the price of CNG... more

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