petrol price
(Daily Jurat)The federal government on Tuesday hiked fuel prices for the next 24 hours, increaing the petrol price by Rs3.34 per litre and high-speed diesel (HSD) by Rs5.27 per litre.Under the revised rates, petrol will be available at Rs334.54 per litre, while HSD will be priced at Rs395.69 per litre.The new prices will remain effective for August 19, read the notification.The Ogra has begun publishing daily petroleum prices on its website to improve transparency and allow international price changes to be passed on to consumers more quickly.
Petroleum Minister Ali Pervaiz Malik said the daily prices are based on a seven-day average of international market prices, in line with international practice.
Revised fuel rates under daily price mechanism:
| Effective date | Products | Old rates | New rates | Changes in prices Rs/litre |
| August 19 | Petrol | 331.2 | 334.5 | +3.34 |
| August 19 | High-speed diesel | 390.45 | 395.69 | +5.27 |
About the Author
