Petrol price cut by Re0.12, HSD’s by Re0.66

ISLAMABAD: The Ministry of Energy (Petroleum Division) has announced a slight decrease in the ex-depot prices of petrol and High-Speed Diesel (HSD) for August 1, following recommendations from the Oil and Gas Regulatory Authority (Ogra). Under the revised rates, petrol slightly decreased by 12 paisa per litre from Rs336. 15 per litre to Rs336. 03 per litre, while, HSD saw 66 paisa per litre decline, moving from Rs393. 04 to Rs392. 38 per litre. Under the current pricing framework, Ogra updates fuel tariffs daily to reflect Singapore Platts trends in last seven working days and currency exchange movements. Meanwhile, the petroleum levy remains unchanged at Rs80 per litre on petrol and Rs70. 82 per litre on HSD. Climate Support Levy (CSL) is maintained at Rs5 per litre. Custom Duty is set at Rs18. 1 per litre on petrol and Rs15. 68 per litre on HSD. Copyright Business Recorder, 2026

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