The federal government has reduced the prices of petrol and high-speed diesel (HSD), providing a slight relief to consumers.
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The petrol price has been reduced by Rs1.65 per litre, bringing the new price to Rs389.14 per litre.
Meanwhile, the price of high-speed diesel (HSD) has been cut by Rs0.88 per litre, with the new price set at Rs424.40 per litre.
The revised prices will remain effective until September 21, 2026.
The government revises petroleum prices periodically in line with prevailing international oil prices.
Earlier to this, the federal government has revised petroleum product prices for August 20, with petrol becoming costlier by Rs2.97 per litre while the price of high-speed diesel (HSD) has been reduced by Rs32.63 per litre.
According to a press release issued by the Petroleum Division on Wednesday, the revised prices were notified under the federal government’s revised petroleum pricing mechanism following recommendations by the Oil and Gas Regulatory Authority (OGRA).
Under the new rates, the price of petrol (Motor Spirit) has increased from Rs334.54 to Rs337.51 per litre, reflecting an increase of Rs2.97.
Meanwhile, the price of high-speed diesel has been cut from Rs395.69 to Rs363.06 per litre, representing a significant reduction of Rs32.63.
