ISLAMABAD: The federal government has reduced the prices of petrol and high-speed diesel (HSD) by Rs2 per litre each for the upcoming fortnight, according to a notification issued on Tuesday, amid subdued trends in international oil markets.
The revised rates, based on recommendations from the Oil and Gas Regulatory Authority (Ogra) and relevant ministries, will come into effect from May 1, 2025.
After the cut, petrol will be sold at Rs252.63 per litre, down from Rs254.63, while high-speed diesel will now cost Rs256.64 per litre, compared to its previous rate of Rs258.64.