Rawalpindi transport fares cut as petrol and diesel prices fall

Transport fares in Rawalpindi have started to fall following a significant reduction in petroleum product prices. Local passenger fares have been cut by 12 per cent and intercity fares by 5 per cent, while freight rates for goods transport have been reduced by 10 per cent.

Over the past 10 days, petrol has become cheaper by Rs39.91 per litre and high-speed diesel by Rs31.96 per litre.

Rawalpindi officials order revised transport fares

Deputy Commissioner Nadeem Nasir issued directives ordering fares to be lowered in line with the drop in petroleum prices. Regional Transport Authority Secretary Syed Asad Abbas Shirazi met transport operators and told them to apply the revised fares immediately.

Also read: Petrol Price Cut by Rs3 in Pakistan, Diesel by Rs4 Per Litre · Petrol price cut to Rs346 per litre, diesel to Rs378

The Rawalpindi administration has urged residents to report any overcharging by transport operators by calling the helpline 1071.

Petroleum dealers seek forensic audit of refinery profits

Petroleum dealers have demanded a forensic audit of oil refineries’ profits. They argue that a transparent review could reveal scope to reduce petrol prices by Rs50 per litre and provide relief to consumers. The demand was raised at an emergency meeting of dealers in Karachi, where participants also discussed petroleum pricing.

Dealers including Malik Khuda Bakhsh and Anwar Kamal called for a transparent audit of the financial affairs of all refineries to establish their actual profits. Malik Khuda Bakhsh said refineries had earned profits equal to a full year’s earnings in just three months, adding that an audit would bring those facts to light.