ISLAMABAD: The federal government has increased the price of petrol by 77 paisa per litre while reducing the price of high-speed diesel (HSD) by Rs1.03 per litre.
According to a notification issued by the Petroleum Division, the price of petrol has been increased from Rs342.02 to Rs342.79 per litre.
The price of high-speed diesel has been reduced from Rs371.44 to Rs370.41 per litre, following a cut of Rs1.03 per litre.
The new prices came into effect from September 1, according to the notification.
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The Oil and Gas Regulatory Authority (OGRA) reviewed the prices under the mechanism approved by the federal government before recommending the changes.
The government has moved to determine petroleum prices on a daily basis due to the prevailing situation in the Middle East. However, no changes are made on Saturdays and Sundays, with the existing prices remaining in effect on those days.
