Govt Hikes Diesel by Rs3.37, Cuts Petrol by Re1; New Prices Effective July 28

Govt Hikes Diesel by Rs3.37, Cuts Petrol by Re1; New Prices Effective July 28

The federal government has adjusted fuel prices, raising High Speed Diesel (HSD) by Rs3.37 to Rs386.83 per litre, while decreasing Motor Spirit (petrol) by Re1 to Rs334.18 per litre, effective July 28. These revisions, announced by the Ministry of Energy's Petroleum Division, follow OGRA's updated pricing mechanism. The new prices will be applicable for the next day, with further reviews planned. This fuel price adjustment could influence domestic inflation figures and transportation costs, potentially impacting the USD/PKR exchange rate and local gold prices.

بحوالہ / Source: www.brecorder.com