Govt raises diesel price by Re0.85 per litre, keeps petrol rate unchanged
“The federal government has increased the price of high-speed diesel (HSD) by Re0.85 per litre while maintaining the existing price of petrol, by the Petroleum Division. Under the revised rates, petrol …”
Under the revised rates, petrol will continue to be sold at Rs377.91 per litre, while the price of high-speed diesel has been raised to Rs400.67 per litre. The new prices will remain in effect until October 30, the notification stated.
Also Read:Petrol price drops by Rs3.19, diesel rises by Rs2.25 per litre. Meanwhile, the Oil and Gas Regulatory Authority (Ogra) has started publishing daily petroleum prices on its website as part of efforts to improve transparency and ensure that fluctuations in international oil markets are reflected in domestic prices more promptly.
Petroleum Minister Ali Pervaiz Malik said the daily prices were calculated using a seven-day average of international market rates, in line with international practices. The initiative is aimed at providing consumers with greater transparency regarding petroleum pricing and helping them track changes in fuel costs.
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