Govt increases petrol price by Re0.77, decreases diesel's by Rs1.03 per litre

The government has increased the price of petrol by Re0.77 per litre and decreased the price of high-speed diesel (HSD) by Rs1.03 per litre. According to a notification from the Ministry of Energy's Petroleum Division, the Oil and Gas Regulatory Authority (OGRA) revised the ex-depot prices of petroleum products under the government's pricing mechanism.

The petrol price was raised from Rs342.02 to Rs342.79 per litre, while the HSD price was reduced from Rs371.44 to Rs370.41 per litre. These new prices will be in effect until Tuesday, following the government's practice of adjusting fuel prices based on international oil markets and other cost factors. Previously, the federal government had decreased the price of petrol by Re0.58 per litre and diesel by Re0.17 per litre.

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