The Oil and Gas Regulatory Authority (OGRA) has reduced the price of petrol while keeping the price of high-speed diesel (HSD) unchanged, according to an official notification issued by the Petroleum Division.
Effective until November 16, the price of petrol has been reduced by Rs2 per litre to Rs330, while the price of high-speed diesel remains unchanged at Rs364 per litre. The reduction in petrol prices offers some relief to consumers across the country. The revised rates will remain applicable during the specified period.
Under the new daily pricing system, the government had increased the price of petrol by Rs5.44 per litre and high-speed diesel by Rs31.50 per litre on July 17, with the revised rates initially set to remain in effect for three days.
Following this increase, petrol reached Rs 316.15 per litre, while diesel was priced at Rs 354.35 per litre. Later, on July 20, the government reduced the price of petrol by Rs 0.35 per litre, bringing it down to Rs 315.80 per litre.
However, the price of diesel increased by Rs 5.71 per litre on the same day, reaching Rs 360.60 per litre. Before that, on Friday, the price of petrol had been set at Rs 345.87 per litre, and the price of diesel had been set at Rs 378.5 per litre.
