Government Announces Fuel Price Cuts: Petrol Down by Rs5.16 and Diesel by Rs7.69 per Litre

ISLAMABAD: The federal government has announced a reduction in petroleum prices, lowering the price of petrol by Rs5.16 per litre and high-speed diesel (HSD) by Rs7.69 per litre.
New Fuel Prices
Following the latest revision, the new prices across the country are as follows:
Petrol: Rs381.14 per litre
High-Speed Diesel (HSD): Rs389.27 per litre
Petroleum Levy and Taxes
The government continues to collect a levy and taxes of Rs114 per litre on petrol and Rs100 per litre on diesel, according to the information provided.
Effective Date
According to the details provided, the new prices took effect nationwide on Tuesday, October 20, following an official notification issued by the Ministry of Energy's Petroleum Division.
The reduction is expected to provide some relief to consumers and businesses, although the overall impact will depend on transportation costs and the prices of goods and services.
Note: The announced prices and effective date have been translated from the supplied information and have not been independently verified against an official notification.