Govt reduces petrol price by Re0.14 per litre, high-speed diesel rate by Rs1.89
The government has lowered the price of petrol by Re0.14 per litre and high-speed diesel (HSD) by Rs1.89 per litre, effective October 1. After the revision, petrol will be sold at Rs387.40 per litre and HSD at Rs400.35 per litre. The government continues to impose taxes and duties of Rs114 per litre on petrol and Rs100 per litre on diesel.
The new prices are in response to rising fuel costs due to the ongoing Middle East conflict. Petrol and HSD together generate significant revenue for the federal government, with sales of 700,000 to 800,000 tonnes of petrol and 10,000 tonnes of HSD annually.
Written by urgent.news from Dawn's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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