Govt increases diesel price by Rs6.47, petrol's by Rs5.77 per litre

Business Recorder reported that diesel and petrol prices are going up from Tuesday, August 18, with high speed diesel (HSD) climbing Rs6.47 a litre and petrol Rs5.77 a litre. The change was notified by the Petroleum Division of the Ministry of Energy after the Oil and Gas Regulatory Authority (OGRA) revised ex-depot rates on Monday.

Petrol now stands at Rs331.20 per litre, up from Rs325.43, while HSD has moved from Rs383.95 to Rs390.42. The new rates remain in force until tomorrow, reflecting the government's routine method of adjusting fuel prices against overseas energy markets and other expenses.

Thursday's earlier revision had pushed HSD up Rs1.16 per litre and petrol up Rs0.45 per litre. This round's increase is markedly bigger for both fuels than the earlier adjustment.