Pakistan announces new fuel, diesel rates

A slight decrease in the price of gasoline has been made available to motorists as a result of the announcement made by the federal government about revised prices for petroleum products. However, the rate of high-speed diesel has been dramatically increased.

The Petroleum Division has announced that the price of petrol has been decreased by Rs0.35 per litre, bringing the new retail price down to Rs315.80 per litre. This information was provided in a notification that was published last week.

On the other hand, the cost of high-speed diesel per litre has climbed by Rs5.71 since the previous price increase. The most recent revision has resulted in the new retail price of high-speed diesel being set at Rs360.06 per litre.

The Oil and Gas Regulatory Authority (OGRA) is responsible for conducting periodic assessments of petroleum prices based on international market trends and other important pricing considerations. The revised prices are a reflection of the most recent recommendations provided by the OGRA.

The updated rates for gasoline and diesel will go into effect at twelve o’clock in the morning, according to the Petroleum Division, and they will continue to be relevant until the next planned price revision follows.

Seek Out Subjects