ISLAMABAD: Fuel costs are set to decline further across Pakistan after the government announced another reduction in petrol and high-speed diesel prices, offering additional relief to motorists and transport operators.
The price of petrol has been reduced by Rs3 per litre to Rs332, while high-speed diesel (HSD) has become cheaper by Rs4 per litre, bringing its new rate to Rs360.
According to the Oil and Gas Regulatory Authority (OGRA), the revised prices will take effect from Friday, November 13. The latest reduction follows another adjustment announced a day earlier, when petrol was reduced to Rs335 per litre and diesel to Rs364.
Successive cuts have brought down domestic fuel prices as the government adjusts petroleum rates under its pricing mechanism in response to changing international oil market conditions.
The reductions are expected to provide some relief to household budgets, commercial transport operators and businesses that depend on petroleum products.
