· · 2 sources

Government lowers petrol and diesel prices effective September 29

The federal government reduced petrol and high-speed diesel prices starting Monday, with new rates applying from September 29.

Govt reduces petrol price by Rs2.27 per litre, high-speed diesel rate by Rs3.56
File photo Govt reduces petrol price by Rs2.27 per litre, high-speed diesel rate by Rs3.56 Photo: Dawn

New fuel retail rates announced

Petrol will now sell for Rs389.03 per litre after a cut of Rs2.27. High-speed diesel prices drop to Rs404.97 following a reduction of Rs3.56 per litre. These changes follow a notification issued by the Petroleum Division on Monday.

Previous price adjustments noted

Diesel costs fell from Rs408.53 to the new rate while petrol moved from Rs391.30. The government previously cut diesel by Rs2.63 and petrol by Re0.84 on Friday.

Global market factors cited

Officials stated that global developments including changes in Platts rates drove the decision. Brent futures rose 1.6 percent to $106 a barrel during the session.

All 2 outlets report consistently

No differences in figures, names or dates across these reports.

  • Dawn
  • Business Recorder

Reported by

2 independent outlets. Headlines as published. Links open the original report.