Latest news with #Rs272.99
Express Tribune
3 days ago
- Business
- Express Tribune
Govt cuts HSD by Rs12.84, keeps petrol steady
The federal government on Friday slashed the price of high-speed diesel (HSD) by Rs12.84 per litre, while keeping the price of petrol unchanged for the next fortnight. In a statement issued by the Finance Division, the new petroleum prices—based on recommendations from the Oil and Gas Regulatory Authority (OGRA) and relevant ministries—will take effect from August 16, 2025. Following the revision, the price of HSD has been brought down to Rs272.99 per litre from the previous Rs285.83 per litre. However, the price of petrol remains unchanged at Rs264.61 per litre. The government has also announced a reduction in the prices of other petroleum products. The price of superior kerosene oil has been cut by Rs7.19, bringing it down from Rs185.46 to Rs178.27 per litre, while light diesel oil has seen a decrease of Rs8.20, reducing its price from Rs170.36 to Rs162.37 per litre.
Business Recorder
3 days ago
- Business
- Business Recorder
Govt keeps petrol price unchanged, slashes diesel's by Rs12.84 per litre for next fortnight
The federal government announced on Friday a decrease in the price of high-speed diesel by Rs12.84 per litre, taking the rate to Rs272.99 per litre. However, it kept the price of petrol unchanged at Rs264.61 for the next fifteen days. Additionally, kerosene oil price has been lowered by Rs7.19 per litre to Rs178.27, and light diesel oil (LDO) price has been reduced by Rs8.20 per litre to Rs162.37 The new prices will come into effect from August 16, 2025. Earlier, Business Recorder had reported that a substantial decrease in the prices of petroleum products was anticipated for the fortnight commencing August 16, 2025, as per a forecast by Optimus Capital Management, citing data from the Oil and Gas Regulatory Authority (OGRA). In the previous fortnightly review, the government had decreased the price of petrol by Rs7.54 per litre, bringing it down to Rs264.61 per litre. The rate for high-speed diesel had been hiked by Rs1.48 per litre, taking it to Rs285.83 per litre.
