Fuel prices slashed once again; high-speed diesel cut by Rs7 per litre, petrol by Rs3

The government has once again reduced fuel prices, cutting the cost of high-speed diesel by Rs7 per litre and petrol by Rs3, as of Nov 12. These changes bring the retail prices of petrol to Rs335 per litre and HSD to Rs364, according to the Oil and Gas Regulatory Authority (Ogra). The reduction is a result of an arrangement where oil refineries contribute to the petroleum levy, allowing a Rs14.71 reduction at the consumer end.

The government's continuous adjustments in fuel prices aim to alleviate the burden on the public amid rising fuel costs due to the Middle East conflict.

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