Govt cuts petrol by Re0.14, diesel by Rs1.89
The federal government on Wednesday cut the price of petrol by Rs0.14 per litre to Rs387.40, and high-speed diesel (HSD) by Rs1.89 to Rs400.35 for October 1. Petrol went down from Rs387.54, while HSD was being sold at Rs402.24 previously. The revised prices will take effect from October 1, 2026 and remain applicable throughout the month. The Petroleum Division said the revised ex-depot prices…
On Wednesday, the federal government announced a reduction in the prices of petrol and high-speed diesel (HSD). The petrol price was cut by Rs0.14 per litre, bringing it down to Rs387.40 per litre from Rs387.54 previously. Similarly, HSD prices were reduced by Rs1.89, making them Rs400.35 per litre compared to the previous rate of Rs402.24 per litre.
These revised prices will be applicable from October 1, 2026, and will remain so throughout the month. The Petroleum Division disclosed that the new ex-depot prices were determined by the Oil and Gas Regulatory Authority (OGRA) following the petroleum pricing mechanism approved by the federal government. The changes were said to be influenced by global market developments, such as adjustments in Platts rates, premiums, and incidentals.
The government's decision to revise the prices was driven by international market developments, including alterations in Platts rates, premiums, and incidentals.
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