Published 2 days ago • loading... • Updated 19 hours ago
Govt decreases petrol by Rs1.7, HSD by Rs3.12 for Sept 23
The new rates follow a daily pricing review as global oil market volatility continues to push up import costs, officials said.
On Wednesday, the federal government reduced petrol to Rs392.05 per litre and high-speed diesel to Rs418.96 per litre, cutting prices by Rs1.70 and Rs3.12 respectively.
Daily price revisions, implemented July 17, reflect global market volatility driven by Middle East tensions and geopolitical disruptions that directly impact Pakistan's domestic fuel costs.
On September 13, Prime Minister Shehbaz Sharif announced a special relief scheme offering Rs100 per litre off petrol, covering an estimated 11.8 million beneficiaries across motorcycles and low-engine vehicles.
Expanding the program on September 18, Shehbaz directed inclusion of 20-year-old motorcycles and rickshaws registered after January 1, 2006, in the Prime Minister Fuel Relief Scheme.
Jamaat-E-Islami Emir Engineer Hafiz Naeem-ur-Rehman postponed the party's long march, awaiting a meeting with Shehbaz upon his return from the United Nations General Assembly to discuss petroleum levies.