Petrol price slashed by Rs5.45, HSD’s by Rs3.68
ISLAMABAD: Consumers across the country will get relief at the fuel pumps effective for November 4, as the Oil and Gas Regulatory Authority (OGRA) announced a reduction in the ex-depot prices of petrol and High-Speed Diesel (HSD). Under the newly notified rates, the price of petrol has been reduced by Rs5.45 per litre, bringing the retail price down to Rs369.06 per litre. HSD also saw a cut of…
The Oil and Gas Regulatory Authority (OGRA) has announced a reduction in the ex-depot prices of petrol and High-Speed Diesel (HSD), effective November 4, providing relief to consumers across the country. The price of petrol has been cut by Rs5.45 per litre, bringing the retail price down to Rs369.06 per litre, while HSD saw a decrease of Rs3.68 per litre, fixing its new rate at Rs391.52 per litre, down from the previous Rs395.20.
These adjustments are attributed to global developments alongside changes in Platts pricing, premiums, and incidental costs, with international benchmark prices of petrol decreasing to USD 115.49 per barrel from USD 118.62 per barrel.
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