ISLAMABAD: The government has reduced the prices of petroleum products by 59 paisas for the month of February. The price of Petrol has been slashed by 59 paisas and new price is fixed at 90.38 rupees per liter. Similarly, the price of light diesel has been reduced to 75.03 rupees per liter while hi-speed diesel will remain unchanged. Kerosene price has been reduced by 73 paisas and has been fixed at pupees 82.25.