FCCI welcomes decrease in oil prices

FAISALABAD, (APP - UrduPoint / Pakistan Point News - 30th May, 2026) The business community, including the Faisalabad Chamber of Commerce and Industry (FCCI), welcomed

the decrease in oil products prices and said that reduction in the prices of petrol and high-speed diesel (HSD)

by Rs 22 per liter would provide major relief to citizens and the industrial sector.

In a statement here on Saturday, FCCI Vice President Engineer Asim Minist hailed the decision as a good step

toward economic stabilization and said that both petrol and high-speed diesel prices are reduced

by exactly Rs.

<?php /*?> <?php */?>

22 per liter and the new ex-depot prices have taken effect across the country following

the official notification.

Engineer Asim Munir emphasized that the substantial cut will directly reduce production and logistics costs.

He noted that lower fuel prices are essential for keeping domestic industries competitive, particularly in

export-hub cities like Faisalabad.