Petrol price kept unchanged, HSD’s hiked by 85 paise

Business Recorder reported that from October 30, petrol remains at Rs377.91 per litre, while high-speed diesel costs Rs400.67 after an increase of 85 paise. The adjustment follows movements in overseas fuel benchmarks and import expenses, according to the Oil and Gas Regulatory Authority (OGRA).

Petrol’s international reference price was USD 121.28 per barrel, while diesel’s rose to USD 114.65 from USD 114.15. The domestic refinery figure for petrol eased to Rs267.13 per litre from Rs267.15; diesel’s import cost advanced to Rs293.12 from Rs292.27. Government charges and dealer and oil marketing company margins were held at their existing levels. For both fuels, the petroleum levy is Rs80 per litre and the climate support levy is Rs5; dealer and company margins are Rs9.98 and Rs7.87 per litre, respectively. Freight equalisation stands at Rs7.93 for petrol and Rs4.70 for diesel per litre.