Govt increases petrol price by Re0.77, decreases diesel's by Rs1.03 per litre

Business Recorder reported that the federal government raised petrol rates by Rs0.77 a litre while cutting high-speed diesel (HSD) by Rs1.03 a litre. The change followed a notification from the Petroleum Division under the Ministry of Energy, and the Oil and Gas Regulatory Authority (OGRA) revised ex-depot prices on Monday.

Petrol is now priced at Rs342.79 per litre, up from Rs342.02. HSD has come down to Rs370.41 per litre, compared with Rs371.44 before the latest revision.

The revised rates remain valid until Tuesday, reflecting the government's regular fuel price adjustments linked to global oil markets and other costs. Back on Friday, petrol had been trimmed by Rs0.58 a litre and diesel by Rs0.17 a litre.