Govt increases diesel price by Rs1.64, petrol's by Re0.27 per litre
The federal government increased the price of High-Speed Diesel (HSD) by Rs1.64 per litre and petrol by Re0.27 per litre, effective Friday, August 21. According to a notification issued by the Ministry of Energy (Petroleum Division), the Oil and Gas Regulatory Authority (OGRA) on Thursday revised the ex-depot prices of petroleum products under the government’s petroleum pricing mechanism. The…
The Indian government raised the prices of both High-Speed Diesel and petrol on Friday, August 21. According to the Ministry of Energy's Petroleum Division, the Oil and Gas Regulatory Authority adjusted the ex-depot prices of petroleum products under the government's pricing mechanism. Petrol saw an increase of Re0.27 per litre, raising its price from Rs337.51 to Rs337.78 per litre.
High-Speed Diesel experienced a more significant rise of Rs1.64 per litre, with its price increasing from Rs363.06 to Rs364.70 per litre. These new prices will remain in effect until the following day, as per the government's routine practice of modifying fuel prices based on global oil market fluctuations and other cost considerations.
Notably, in the prior revision on Wednesday, the government had slashed HSD prices by Rs32.63 per litre, while petrol prices rose by Rs2.97 per litre.
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