Advertisement
Categories: BusinessNews

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

Advertisement

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).

Advertisement
News Desk

Recent Posts

Professor Javed Receives OBE from King Charles III for Mental Health Contributions

Professor Dr Muhammad Afzal Javed awarded OBE by King Charles III in recognition of outstanding…

20 seconds ago

Punjab Expands Model Agriculture Malls to 10 More Districts

Punjab Chief Minister Maryam Nawaz has ordered authorities to establish Model Agriculture Malls in 10…

7 minutes ago

PMD Alerts Nationwide Heatwave for June 7-12 Amid High Pressure System

Pakistan Meteorological Department (PMD) alerts for intense heatwave from June 7-12 The PMD warns of…

12 minutes ago

US Approves $1.5B Sale of Maritime Helicopters to New Zealand for Enhanced Defense Cooperation

US Approves $1.5 Billion Sale of Seahawk Helicopters to New Zealand The US Department of…

1 hour ago

Lahore Court Extends Bail for Chadhar, Wife in Momina Iqbal Harassment Case

Lahore Sessions Court Extends Bail for Saqib Chadhar A Lahore sessions court on Saturday extended…

1 hour ago

KP Players Dominate Pakistan Junior Squash Championship 2026

Khyber-Pakhtunkhwa's junior squash team dominated at the All Pakistan National Junior Squash Championship 2026. Both…

1 hour ago