Government Raises Diesel Price by Rs11.30, Keeps Petrol Unchanged for Now

The government raised the rate for high-speed diesel (HSD) by Rs11.30 on Saturday while leaving petrol unchanged for the upcoming fortnight. A late-night Petroleum Division announcement stated the change was due to fluctuations in international markets and recommendations from the Oil and Gas Regulatory Authority (Ogra). The ex-depot price of HSD now stands at Rs268.38 per litre, up from Rs257.08 per litre. Most heavy transport vehicles, trains, and agricultural engines rely on HSD, making its cost inflationary as it contributes to the prices of vegetables and other commodities. In contrast, petrol is used mainly by private vehicles such as rickshaws, two-wheelers, and small cars, impacting budgets for middle and lower-middle classes significantly. The notification indicated that these new rates will be effective from February 1 (Sunday).