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Petrol price cut by Rs3.63, HSD’s hiked by 31 paise
ISLAMABAD: In its daily revision, the government on Thursday announced fuel prices for October 16. As per a notification, the price of petrol has been reduced by Rs3.63 to Rs390.23 per litre from Rs393.86. However, the price of High-Speed Diesel (HSD) saw a slight increase of 31 paise, bringing its price to Rs396.96 per litre. During the last seven days, the average refined petrol price has decreased to USD 127.24 per bbl (compared to USD 129.31 per bbl on October 15), while HSD has been increased to USD 108.53 from USD 108.43 per barrel. Oil and Gas Regulatory Authority (OGRA) states that the...
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