Govt slashes petrol price by Rs8 per litre, high-speed diesel by Rs7 in another reduction
The government on Tuesday slashed the price of petrol by Rs8 per litre and that of high-speed diesel (HSD) by Rs7. Following the revision, petrol will retail at Rs338 per litre, while HSD will cost Rs371 on Nov 11 (Wednesday), according to a notification by the Oil and Gas Regulatory Authority (Ogra). The government continues to levy Rs114 per litre in taxes and duties on petrol and Rs100 per…
The government has recently reduced the prices of petrol and high-speed diesel by Rs8 and Rs7 per litre, respectively, as reported by Dawn. This price revision comes amid rising fuel costs due to geopolitical tensions in the Middle East. With the new prices, petrol will retail at Rs338 per litre and HSD at Rs371, following a 30-day arrangement where oil refineries will contribute to the petroleum levy, thereby reducing the consumer impact.
The government continues to levy taxes on these fuels, with Rs114 per litre on petrol and Rs100 per litre on diesel.
Brief written by urgent.news from Dawn's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
