Govt increases diesel price by Re0.54, cuts petrol's by Re0.94 per litre

The federal government adjusted fuel prices for August 13, increasing High Speed Diesel by Re0.54/litre and decreasing Motor Spirit by Re0.94/litre, effective until tomorrow.

The federal government raised the price of High Speed Diesel (HSD) by Re0.54 per litre while reducing the price of Motor Spirit (petrol) by Re0.94 per litre for Thursday, August 13.

According to a notification issued by the Ministry of Energy (Petroleum Division), the Oil and Gas Regulatory Authority (OGRA) on Wednesday revised the ex-depot prices of petroleum products under the government’s petroleum pricing mechanism.

The price of petrol was decreased by Re0.94 per litre, taking it from Rs325.92 to Rs324.98 per litre.

The price of HSD was increased by Re0.54 per litre, from Rs382.25 to Rs382.79 per litre.

The new prices will remain in effect until tomorrow, in line with the government’s ongoing practice of adjusting fuel prices based on international oil markets and other cost factors.

In the previous review on Tuesday, the government raised the price of HSD by Rs1.39 per litre while reducing the price of petrol by Rs1.70 per litre.