Govt reduces petrol price by Re0.66 per litre, raises high-speed diesel rate by Re0.52

The Pakistani government has recently made adjustments to the prices of petrol and high-speed diesel (HSD) as a response to the ongoing Middle East conflict and rising global oil prices. On October 10-12, the price of petrol will be reduced by Re0.66 per litre, lowering the retail price to Rs398.30 per litre. Conversely, the price of HSD will increase by Re0.52 per litre, resulting in a new retail price of Rs396.24 per litre.

Despite these changes, both fuels continue to be subject to significant taxes and duties, with petrol taxed at Rs114 per litre and HSD at Rs100 per litre. The new prices will be applicable for a three-day period, from October 10 to October 12.

Brief written by urgent.news from Dawn's own syndicated text. Machine-written — may contain errors; check the original before relying on it.