Petrol price cut by Rs2.71, HSD’s by 3 paise
ISLAMABAD: With the ease in international oil prices, the government on Tuesday announced reduction in daily fuel prices for October 14. As per an official notification, the price of petrol has been reduced by Rs2.71 to Rs392.66 per litre. Similarly, the price of High-Speed Diesel (HSD) has been decreased by 3 paise to Rs396.82 per litre. During last seven days, the average refined petrol price…
Islamabad witnessed a reduction in fuel prices as the government announced on Tuesday that petrol will now cost Rs392.66 per litre, down from Rs395.37, with a decrease of Rs2.71. High-Speed Diesel (HSD) saw a minor dip, now priced at Rs396.82 per litre, a 3 paise drop from its previous price of Rs396.85. The decrease in prices comes after a slight drop in the average refined petrol price to USD 130.63 per barrel, compared to USD 132.17 per barrel on October 13.
The change is attributed to global events, including adjustments in Platts rates, premiums, incidentals, and the import cost of both products.
Written by urgent.news from Business Recorder's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
