Pakistan raises diesel price by Rs0.85 per litre, keeps petrol unchanged

Pakistan has increased the price of high-speed diesel by Rs0.85 per litre while maintaining the existing petrol rate according to a notification issued by the Oil and Gas Regulatory Authority (OGRA) on October 29.

Pakistan has increased the price of high-speed diesel by Rs0.85 per litre while maintaining the existing petrol rate according to a notification issued by the Oil and Gas Regulatory Authority (OGRA) on October 29.

Under the revised rate, diesel will cost Rs400.67 per litre up from its previous price. Petrol will remain unchanged at Rs377.91 per litre.

The new prices apply for October 30 according to the notification which announced the rates for a one-day period.

The diesel price adjustment comes as motorists and businesses continue to monitor changes in petroleum costs. Diesel is widely used by transport operators, agricultural machinery and other commercial activities making its price an important factor for operating expenses.

Petrol users, meanwhile will continue paying the existing rate during the announced period.

The notification did not provide further details about the reasons behind the diesel increase. Consumers will be watching for any subsequent announcement on petroleum prices after the one-day rate period ends.