Major Relief! Diesel Price Reduced by Rs. 32.63, Petrol Prices Increased by Rs. 2.97

Freight rates cut by 10pc after diesel price revision

A relief for transport and agriculture sectors, as All Pakistan Goods Transporters Association has announced a 10% reduction in freight charges after the government’s decision to slash the price of diesel by Rs32.63 per litre. Association President Nabeel Mahmood Tariq welcomed the reduction in diesel prices, saying the move would bring down the cost of transporting commercial goods and ease financial pressure on the transport industry. He calle…

How The Govt Formula Brought Diesel Price Down By Rs32.63 Per Litre

A man holds a fuel nozzle at a petrol station in Reze, near Nantes, France, March 18, 2022. — Reuters The government has once again applied the formula introduced in April to keep high-speed diesel (HSD) prices in check. Under the formula, the diesel crack spread has been capped at $41.5 per barrel, compared with the international margin of around $68 per barrel. The move has allowed a reduction of about Rs32.63 per litre, bringing the domestic …

Govt reduces price of high speed diesel, hikes petrol

ISLAMABAD: The government on Wednesday cut the price of high-speed diesel (HSD) by Rs32.63 per litre following “successful” talks with petroleum refineries, and raised that of petrol by Rs2.97 per litre. Following the revision, petrol will retail at Rs337.51 per litre while high-speed diesel will cost Rs363.06 per litre. The government continues to levy Rs114 per litre in taxes and duties on petrol and Rs100 per litre on diesel. According to the…

Major Relief! Diesel Price Reduced by Rs. 32.63, Petrol Prices Increased by Rs. 2.97

Pakistan has announced a significant revision in petroleum prices, offering major relief to consumers of High-Speed Diesel (HSD) while slightly increasing the cost of petrol. The revised prices will take effect from August 20, 2026, following an adjustment approved after discussions between the government and oil refineries. Under the new rates, the price of High-Speed Diesel has been reduced by Rs. 32.63 per litre, bringing it down to Rs. 363.0…

Diesel price slashed by Rs32.63, petrol rate hiked - HUM News English

WEB DESK: The federal government on late Wednesday announced a major cut in the price of diesel while increasing the rate of petrol, according to a notification. The price of high-speed diesel has been reduced by Rs32.63 per litre, bringing it down to Rs363.06 per litre, according to the notification issued by the Oil and Gas Regulatory Authority (OGRA). Meanwhile, the price of petrol has been increased by Rs2.97 per litre, taking the new rate t…

Govt Announces Major Discount on Diesel Price

The federal government has announced a major reduction in the price of high-speed diesel (HSD), while increasing the price of petrol under the latest daily fuel price revision issued by the Oil and Gas Regulatory Authority (OGRA). According to the latest update, the price of petrol has been increased by Rs. 2.97 per litre to […] The post Govt Announces Major Discount on Diesel Price appeared first on TechJuice.