ISLAMABAD: The Ministry of Finance on Wednesday approved the summery regarding cut in petroleum product prices.The ministry approved a cut of Rs 0.34 per litre in petrol prices, Rs4.51 diesel and Rs3.08 kerosene oil, Rs0.93 light diesel and Rs1.94 HOBC. The new price of petrol will be Rs107.97 per litre, diesel Rs109.34, kerosene oil Rs 98.07, light diesel Rs 94.13 and HOBC Rs134.63. The new price would be effective from May 01 (today). –Staff ReporterThis news was published in The Nation newspaper. Read complete newspaper of 01-May-2014 here.