Ogra cuts petrol price by Rs2, keeps diesel unchanged

ISLAMABAD: The government on Friday reduced the price of petrol by Rs2 per litre, while keeping the price of high-speed diesel (HSD) unchanged.

According to a notification issued by the Oil and Gas Regulatory Authority (OGRA), the revised prices will take effect from November 14.

Following the latest adjustment, petrol will be available at Rs330 per litre, while HSD will remain at Rs360 per litre.

The latest reduction follows a series of price revisions over recent days, which have brought down petroleum prices significantly.

The government had earlier reduced petroleum prices, cutting petrol by Rs3 per litre and high-speed diesel by Rs4, bringing their rates to Rs332 and Rs360 per litre, respectively.

Petrol had earlier been reduced by Rs3 per litre, while HSD was cut by Rs8.

With Friday’s notification, petrol has fallen further to Rs330 per litre, while diesel has remained unchanged from the previous notified rate.

The latest revision comes amid continued volatility in international oil markets, with prices affected by developments in the Middle East and concerns over global energy supplies.