{
  "id": 9387381,
  "title": "Govt cuts diesel price by Rs4.21, petrol by Rs1.93 per litre",
  "url": "https://urgent.news/2026/09/23/govt-cuts-diesel-price-by-rs4-21-petrol-by-rs1-93-per-litre",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-23T18:07:50.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40440878/govt-cuts-diesel-price-by-rs421-petrol-by-rs193-per-litre"
  },
  "original_language": "en",
  "account": "The federal government has lowered the ex-depot prices of high-speed diesel and motor spirit, according to a recent notice. The cost of HSD has been reduced by Rs4.21 per litre, bringing the new rate to Rs414.75 per litre, down from the previous price of Rs418.96. Similarly, the price of petrol has been cut by Rs1.93 per litre, making the new rate Rs390.12 per litre, a decrease from the earlier price of Rs392.05. These changes, announced by the Petroleum Division on Wednesday, will come into effect on September 24, 2026, as per the petroleum pricing mechanism established by the federal government. The revision is attributed to global factors, such as fluctuations in Platts rates, premiums, and incidentals. The government's last price cut saw a reduction of Rs3.12 in HSD and Rs1.70 in petrol. Meanwhile, oil prices saw a nearly 2% increase on Wednesday, reflecting traders' reactions to statements from Iranian President Masoud Pezeshkian and US President Donald Trump.",
  "summary": "The federal government has reduced the ex-depot prices of high-speed diesel (HSD) by Rs4.21 to Rs414.75 per litre, and motor spirit (petrol) by Rs1.93 per litre to Rs390.12 per litre The previous price of HSD was Rs418.96 per litre, while petrol was priced at Rs392.05 per litre. According to a press release issued by the Petroleum Division on Wednesday, the revised prices will take effect from…",
  "key_points": [
    "Federal government lowers ex-depot diesel price by Rs4.21 per litre",
    "Petrol price reduced by Rs1.93 per litre",
    "New rates effective September 24, 2026"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}