Govt increases petrol price by Rs3.81, diesel's by Rs3.59 per litre

Business Recorder reported that the federal government has lifted fuel rates, with petrol becoming dearer by Rs3.81 and high-speed diesel rising Rs3.59 per litre. The revised ex-depot rates were set by the Oil and Gas Regulatory Authority on Friday, following a notification from the Petroleum Division under the Ministry of Energy. The changes take effect from Saturday, August 22, and run through Monday, August 24.

Petrol now sells at Rs341.59 per litre, up from Rs337.78, while the diesel price climbs to Rs368.29 from Rs364.70. The move follows the government's continuing practice of recalibrating fuel rates against international oil prices and other cost factors. These rates will remain in force until Monday.

The previous review on Thursday had raised HSD by Rs1.64 per litre and petrol by Rs0.27 per litre. This round is larger for both products than that earlier adjustment, with the diesel increase in particular standing well above the Thursday figure.