Petrol price reduced by Rs0.66 per litre, diesel becomes costlier by Rs0.52

Khusbakht Bilal
4 Min Read

Summary

  •   ISLAMABAD: The government has issued a notification revising the prices of petroleum products for the next three days, reducing the price of petrol while increasing the rate of high-speed diesel.
  • Revised rates effective for three days The Petroleum Division confirmed that the new petrol and diesel prices would apply from October 10 through October 12.
  • Under the latest notification, petrol will be available at Rs398.30 per litre, while diesel will be sold at Rs396.24 per litre during the specified period.
AI Generated Summary

 

ISLAMABAD: The government has issued a notification revising the prices of petroleum products for the next three days, reducing the price of petrol while increasing the rate of high-speed diesel.

According to the notification, the price of petrol has been reduced by Rs0.66 per litre, bringing its new rate to Rs398.30 per litre. Meanwhile, the price of diesel has been increased by Rs0.52 per litre, raising its new rate to Rs396.24 per litre.

The Petroleum Division said the revised prices would remain effective from October 10 to October 12.

The latest adjustment provides a slight reduction in petrol prices, offering limited relief to motorists and households that rely on petrol-powered vehicles for daily transportation. However, the increase in diesel prices could add to operating expenses for transporters, commercial vehicle operators and businesses dependent on diesel-powered machinery.

Petrol consumers receive limited relief

The reduction of Rs0.66 per litre means petrol consumers will pay slightly less for fuel during the three-day period. However, the overall impact on household budgets is expected to remain limited, particularly for people who regularly commute to work or use motorcycles and cars for their daily activities.

Petrol prices remain an important concern for commuters, as changes in fuel costs can influence transportation expenses and the prices of goods and services.

Motorcyclists, private vehicle owners and other petrol consumers will benefit from the latest reduction, although the amount saved will depend on their individual fuel consumption.

Diesel price increased

In contrast, diesel has become more expensive by Rs0.52 per litre under the revised notification.

Diesel is widely used by public transport vehicles, trucks, buses, agricultural machinery and various commercial operations. Changes in its price can affect transportation and distribution costs, particularly for businesses that depend heavily on road freight.

An increase in diesel prices may also place additional pressure on transport operators already dealing with fuel, maintenance and other operating expenses. Any subsequent impact on fares or commodity prices would depend on market conditions and decisions by relevant operators and authorities.

Revised rates effective for three days

The Petroleum Division confirmed that the new petrol and diesel prices would apply from October 10 through October 12. The notification covers a short three-day period, meaning consumers and businesses will need to monitor any further government announcements regarding petroleum prices.

The latest revision comes as fuel costs continue to be an important factor in household spending and business expenses across the country.

Petroleum price adjustments are closely watched by motorists, transporters, traders and industrial operators because even small changes can affect their daily budgets and operating costs.

Under the latest notification, petrol will be available at Rs398.30 per litre, while diesel will be sold at Rs396.24 per litre during the specified period.

Consumers have been advised to follow official announcements for updates on any subsequent changes to petroleum prices.

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