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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, marking the latest daily price revision under the mechanism implemented July 17.
- Daily price revisions reflect global market volatility driven by Middle East tensions and Iran sanctions, which directly impact Pakistan's import-dependent fuel economy and domestic costs.
- Prime Minister Shehbaz Sharif announced a special relief scheme on September 13, offering Rs100 per litre off petrol for motorcycles and three-wheelers, covering an estimated 11.8 million beneficiaries.
- 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.
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Petrol Import Cost Falls to Rs281.49 per litre, But Consumers Still Pay Rs392.05
ISLAMABAD: The Government of Pakistan has reduced the price of petrol by only Rs1.70 per litre despite a decline in global crude oil prices, leaving a substantial gap between the reported import cost and the price being charged to consumers. According to a notification issued by the Petroleum Division, the new ex-depot price of petrol […]
Govt slashes petrol price by Rs1.70, diesel by Rs3.12 per litre
The federal government on Tuesday reduced the price of petrol by Rs1.70 per litre and High-Speed Diesel (HSD) by Rs3.12 per litre, with the new rates taking effect from Wednesday, Sept 23. Petrol will now be sold at Rs392.05 per litre, down from Rs393.75, while the price of HSD has fallen to Rs418.96 per litre […]
Coverage Details
Total News Sources12
Leaning Left0Leaning Right3Center1Last UpdatedBias Distribution75% Right
Bias Distribution
- 75% of the sources lean Right
75% Right
C 25%
R 75%
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