Govt raises high-speed diesel rate by Rs1.91 per litre; petrol price unchanged at Rs377.71

The government raised high-speed diesel (HSD) by Rs1.91 per litre on Friday, while keeping petrol unchanged at Rs377.71, Dawn reported. The revised diesel rate is Rs393.66 per litre and applies from Oct 24 to Oct 26, according to the Petroleum Division notification.

Taxes and duties remain Rs114 per litre on petrol and Rs100 on diesel. HSD is below its April 3 peak of Rs520.35, while petrol is also lower than its April 3 high of Rs458.41. Diesel is widely used in heavy transport, power plants and large generators, while petrol is commonly used in private transport, smaller vehicles, rickshaws and motorcycles.

The government has also renewed austerity steps amid higher fuel prices, including a 9pm closing time for markets and a 50 per cent cut in fuel allocations for official vehicles for three months. These rates are temporary, with the notification covering three days.