Govt increases diesel price by Rs1.39, cuts petrol's by Rs1.70 per litre

Fuel rates are changing for Wednesday, August 12, with high speed diesel (HSD) rising by Rs1.39 per litre and petrol falling by Rs1.70 per litre. Business Recorder reported that the Oil and Gas Regulatory Authority (OGRA) revised ex-depot rates on Tuesday after a notification from the Ministry of Energy's Petroleum Division. The government sets these rates by weighing overseas oil prices alongside additional costs.

Petrol's ex-depot price has dropped from Rs327.62 to Rs325.92 per litre, while HSD has increased from Rs380.86 to Rs382.25 per litre. The revised rates will hold until tomorrow, the report added. At Rs382.25 per litre, HSD remains the more expensive of the two fuels in this revision. Both fuels were left unchanged at Monday's previous review.