Pakistan Cuts Petrol Price by Rs1.7, Diesel by Rs3.12

Key Takeaways

• Petrol prices in Pakistan slashed by Rs 1.70 per litre.
• High-Speed Diesel (HSD) rates dropped by Rs 3.12 per litre.
• OGRA issued updated ex-depot price notifications.
• Revised rates offer marginal relief to consumers and transport sectors.
• Price revisions align with recent global petroleum market trends.

Government Slashes Fuel Prices Across Pakistan

In a recent economic update, the Government of Pakistan announced a price reduction for petroleum products following recommendations from the Oil and Gas Regulatory Authority (OGRA) and the Ministry of Energy (Petroleum Division), as reported by Dawn News.

Updated Petrol and Diesel Rates

Under the official ex-depot price notification, the price of Petrol (MS-92) has been reduced by Rs 1.70 per litre. Concurrently, High-Speed Diesel (HSD) witnessed a price drop of Rs 3.12 per litre, bringing noticeable relief to transport and industrial sectors.

Key highlights of the fuel rate adjustment:

• Petrol (MS-92): Decreased by Rs 1.70 per litre.
• High-Speed Diesel (HSD): Decreased by Rs 3.12 per litre.
• Regulatory Body: Official pricing approved by OGRA and the Petroleum Division.

Impact on Consumers and Transport

The price adjustments aim to ease inflation pressures on consumers and reduce transport expenses across the country. Lower diesel costs are expected to slightly curb supply chain and freight charges for key commodities.

Frequently Asked Questions

What is the new petrol price reduction in Pakistan?

The Pakistani government reduced the price of petrol (MS-92) by Rs 1.70 per litre.

How much did High-Speed Diesel (HSD) price drop?

High-Speed Diesel (HSD) price was cut by Rs 3.12 per litre.

Who announced the recent fuel price cuts in Pakistan?

The Oil and Gas Regulatory Authority (OGRA) and the Ministry of Energy issued the notification.

Originally reported by Dawn News. Enhanced and optimized for search by TechVeb.