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Petrol price cut by Rs 3.19 per litre, diesel rate up by Rs 2.25

Petrol price cut by Rs2.71 per litre, diesel cheaper by Rs0.03
ISLAMABAD, Oct 27 (APP):The government on Tuesday reduced the price of petrol by Rs3.19 per litre to Rs376.06, while increasing the price of high-speed diesel (HSD) by Rs2.25 to Rs398.07 per litre, effective from October 28.
According to a notification issued by the Ministry of Energy’s Petroleum Division, the price of petrol has been reduced from Rs379.25 to Rs376.06 per litre, while the price of high-speed diesel has been increased from Rs395.82 to Rs398.07 per litre.
The Oil and Gas Regulatory Authority (Ogra) revised the prices under the federal government’s petroleum pricing mechanism.
The ministry said the adjustments were necessitated by changes in international petroleum product prices, premiums and other incidental costs.

Source: APP (Associated Press of Pakistan)