Govt increases diesel price by Rs1.39, cuts petrol's by Rs1.70 per litre
The federal government raised the price of High Speed Diesel (HSD) by Rs1.39 per litre while reducing the price of Motor Spirit (petrol) by Rs1.70 per litre for Wednesday, August 12. According to a notification issued by the Ministry of Energy (Petroleum Division), the Oil and Gas Regulatory Authority (OGRA) on Tuesday revised the ex-depot prices of petroleum products under the government’s…
The government has announced a price hike of Rs1.39 per litre for High Speed Diesel (HSD) and a reduction of Rs1.70 per litre for Motor Spirit (petrol) as of Wednesday, August 12. The Ministry of Energy, through the Oil and Gas Regulatory Authority (OGRA), revised the ex-depot prices of petroleum products, which include the government's pricing mechanism.
Petrol's price was lowered from Rs327.62 to Rs325.92 per litre, while HSD's price was raised from Rs380.86 to Rs382.25 per litre. These changes are expected to remain in effect until the following day, aligning with the government's practice of adjusting fuel prices based on international oil markets and other cost factors. The last price adjustment was made on Monday, with no changes to the prices of petrol and HSD.
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- Govt keeps petrol, diesel prices unchanged brecorder.com
