Petrol price increased by Rs1.08, diesel also becomes pricier

The federal government has raised the prices of petrol and high-speed diesel, effective midnight for a one-day pricing cycle.

The Petroleum Division statement stated that the fuel price has been hiked by Rs1.08 per litre, from Rs342.79 to Rs343.87 per litre.

High-speed diesel (HSD) price increased by 51 paisas per litre to Rs370.92 per litre.

The latest revision follows a day after the government had reviewed the petroleum prices for the new pricing period commencing September 1. The previous rates were Rs342.79 per litre for petrol and Rs370.41 per litre for high-speed diesel.

The increased petrol price will now see consumers paying Rs343.87 for each litre they buy, while diesel consumers will have to shell out Rs370.92 a litre.