High-speed diesel price dips by Rs4 per litre, petrol by Rs3

Pakistan’s government cut petrol by Rs3 per litre and high-speed diesel (HSD) by Rs4, effective Nov 13, Dawn reported. Petrol is now priced at Rs332 per litre and HSD at Rs360, making this the eighth straight reduction. Taxes and duties remain Rs114 per litre on petrol and Rs100 on diesel.

The government says oil refineries will absorb a combined Rs15 billion toward the petroleum levy over 30 days under an arrangement announced on Nov 2, enabling a Rs14.71 cut in petrol for consumers. The Prime Minister’s Fuel Relief Scheme covers motorcycles, rickshaws and vehicles up to 800cc. The price changes matter to fuel retailers and refiners, while petrol and diesel costs also affect transport and power generation.