Petrol price up 88 paise, HSD’s down Rs1.88
ISLAMABAD: The government on Monday announced revision in petroleum prices, which will remain applicable for Tuesday, October 6. According to an official notification, the petrol price has been increased by 88 paise per litre to Rs393.64. However, the price of High Speed Diesel (HSD) has been reduced by Rs1.88 per litre bringing it to Rs397.76 from Rs399.64. Beyond the base rate increase, the…
The government has announced a revision in petroleum prices, effective from Tuesday, October 6. Petrol prices have been increased by 88 paise per litre to Rs393.64, while High Speed Diesel (HSD) prices have been reduced by Rs1.88 per litre, now at Rs397.76 per litre. The primary factors contributing to the price hike include adjustments in the Inland Freight Equalisation Margin (IFEM) and changes in global events such as global oil prices, premiums, and incidentals.
The import cost of petrol has also increased to Rs282.77 per litre, while the cost of HSD has decreased to Rs290.16 per litre. The government levies and fixed profit margins for both products remain unchanged.
Brief written by urgent.news from Business Recorder's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
