Petrol price up by Rs2.02, HSD’s down by Rs3.59

Business Recorder reported that Friday's fuel revision keeps the new rates in force for three days, from September 26 to 28. Petrol's ex-depot rate climbed Rs2.02 per litre to Rs391.30, up from Rs389.28. High Speed Diesel moved in the opposite direction, falling Rs3.59 to Rs408.53 per litre.

Higher freight costs and import premiums lifted the petrol figure, with those charges rising to USD 16.36 per barrel from USD 14.12. Average benchmark prices eased for both fuels, with petrol at USD 129.54 per barrel against USD 130.73 on September 25, and HSD at USD 115.34 compared with USD 117.44.

The Petroleum Division set these ex-depot rates using OGRA's working, which relies on a rolling average taken across seven working days of Platts Arab Gulf Means Price data. Levies and profit margins stayed broadly unchanged, while petrol's import cost rose to Rs280.64 per litre from Rs278.72 and diesel's fell to Rs301.53 from Rs305.21.