The government has reduced petrol prices by Rs. 2.71 per liter and increased high-speed diesel prices by 31 paisa. The revised rates took effect on October 22, offering some relief to petrol users while slightly raising costs for diesel consumers
According to a notification issued by the Petroleum Division, petrol now costs Rs. 379.31 per liter, down from Rs. 382.02. High-speed diesel (HSD) has risen to Rs. 390.11 per liter from Rs. 389.80.
The Oil and Gas Regulatory Authority revised the prices under the government’s petroleum pricing mechanism. The Petroleum Division attributed the changes to global market developments, including changes in Platts rates, premiums and incidental costs.
Revised Petrol and Diesel Prices
| Fuel | Previous price | New price | Change |
| Petrol | Rs.382.02 | Rs.379.31 | −Rs.2.71 |
| High-speed diesel | Rs.389.80 | Rs.390.11 | +Rs. 0.31 |
The petrol price reduction offers limited relief to motorists and motorcycle users. The diesel increase may add slightly to fuel expenses for transport operators, farmers, and businesses that rely on diesel-powered vehicles and machinery.
The new rates apply from October 22, according to the Petroleum Division’s notification.
source https://enews.hamariweb.com/business/petrol-price-in-pakistan-drops-by-rs-2-71-per-liter-diesel-rises/
0 Comments