Petrol price rises Rs1.08, diesel up Re0.51 per litre

Petrol will cost Rs1.08 more per litre from Wednesday, September 2, while high-speed diesel (HSD) goes up by Rs0.51 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 fresh rates place petrol at Rs343.87 per litre, compared with Rs342.79 earlier, and HSD at Rs370.92 from Rs370.41.

The prices will stay in place until Wednesday, as the government continues to adjust fuel rates in line with international oil markets and other cost factors. This follows the previous review on Monday, when petrol was raised by Rs0.77 per litre and diesel was cut by Rs1.03 per litre.