The government has increased the price of high-speed diesel (HSD) by Rs0.31 per litre while reducing the price of petrol by Rs2.71 per litre, effective from October 22,.
ISLAMABAD, Oct 21 (APP):The government has increased the price of high-speed diesel (HSD) by Rs0.31 per litre while reducing the price of petrol by Rs2.71 per litre, effective from October 22,.
According to a press release issued by the Ministry of Energy (Petroleum Division) on Wednesday under the revised prices, the price of high-speed diesel has increased from Rs389.80 to Rs390.11 per litre.
Meanwhile, the price of motor spirit (petrol) has been reduced from Rs382.02 to Rs379.31 per litre.
The Oil and Gas Regulatory Authority (OGRA) revised the prices in accordance with the petroleum pricing mechanism issued by the federal government.
The ministry stated that the price adjustments were necessitated by global developments, including changes in Platts rates, premiums and incidental costs.