Petrol drops Rs6.59 and diesel Rs4.25, a fifth straight cut.

Petrol now sells at Rs346 a litre, down from Rs458.41 on 3 April.

Taxes and duties still take Rs114 of each litre, and refineries absorb Rs15 billion of the petroleum levy for 30 days.

The Oil and Gas Regulatory Authority set these prices for 7 to 10 November.

How each outlet framed it
Dawn
details the Rs15 billion refinery contribution to the petroleum levy that funds the Rs6.59 cut, and the Jamaat-i-Islami talks on relief

Sources: Dawn