Petrol price rises by Rs3.5, diesel by Rs5.37 per litre

WEB DESK: The federal government has increased the prices of petrol and High Speed Diesel (HSD) for the fourth consecutive time, according to a notification.

According to the latest price revision, the price of petrol has been increased by Rs3.05 per litre, while the price of High Speed Diesel has risen by Rs5.37 per litre.

Following the latest increase, the new price of petrol has been fixed at Rs370.80 per litre, while HSD will now cost Rs398.04 per litre.

The government approved the revised prices following an updated notification issued by the Oil and Gas Regulatory Authority (OGRA).

The new prices will come into effect from tonight, according to the notification.

The latest hike marked the fourth consecutive increase in petrol and diesel prices.

The repeated increases in petroleum prices have further increased the fuel cost burden on consumers.