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.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.
FCCI welcomes decrease in oil prices
Published on: May 31, 2026 5:24 AM