Petrol price cut by Re0.50, diesel by Re0.19 per litre
The federal government decreased the price of petrol by Re0.50 per litre and High-Speed Diesel (HSD) by Re0.19 per litre, effective from Friday, August 28. 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 Indian federal government has reduced the price of petrol and High-Speed Diesel (HSD) by Re0.50 and Re0.19 per litre respectively, starting from Friday, August 28. The Ministry of Energy announced this change via a notification from the Oil and Gas Regulatory Authority (OGRA). The petrol price fell from Rs343.10 to Rs342.60 per litre, while HSD dropped from Rs371.80 to Rs371.61 per litre.
The new prices will stay in place until the next revision, following the government's habit of tweaking fuel prices according to international oil market movements and other expense factors. Previously, on Tuesday, the government had increased petrol and diesel prices by Rs1.12 and Rs1.11 per litre respectively.
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