Govt increases diesel price by Rs6.47, petrol's by Rs5.77 per litre
The federal government raised the price of High Speed Diesel (HSD) by Rs6.47 per litre, and the Motor Spirit (petrol) by Rs5.77 per litre for Tuesday, August 18. According to a notification issued by the Ministry of Energy (Petroleum Division), the Oil and Gas Regulatory Authority (OGRA) on Monday revised the ex-depot prices of petroleum products under the government’s petroleum pricing…
The federal government announced on Monday that it has increased the prices of High Speed Diesel and Motor Spirit, commonly known as petrol, by Rs6.47 and Rs5.77 per litre, respectively. This change, effective from Tuesday, August 18, was made following a revision by the Oil and Gas Regulatory Authority.
Under the government's petroleum pricing mechanism, the ex-depot prices of petroleum products were adjusted. The new price for petrol, previously at Rs325.43 per litre, has been raised to Rs331.20 per litre. Similarly, the price of High Speed Diesel, previously at Rs383.95 per litre, has been increased to Rs390.42 per litre.
These new prices are expected to remain in effect until the following day. The government's policy of modifying fuel prices based on international oil markets and other cost factors is a consistent practice.
In the previous review conducted on Thursday, the government had raised the price of HSD by Rs1.16 per litre and that of petrol by Rs0.45 per litre.
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