The government has reduced the price of petrol by Rs. 2.90 per litre to Rs. 390.23 for October 15, while diesel has become more expensive by Rs. 0.31 per litre to Rs. 396.96, according to the latest Oil and Gas Regulatory Authority (OGRA) update.

The latest revision comes a day after petrol prices increased by Rs. 1.20 per litre to Rs. 393.86. Diesel had fallen by Rs. 0.17 to Rs. 396.65 on Wednesday.

Despite the latest cut, petrol prices have risen substantially since daily fuel price revisions began. Petrol has become Rs. 79.81 per litre more expensive over this period, while diesel has increased by Rs. 72.78 per litre.

Petrol prices had reached Rs. 398.96 per litre on October 8 before declining over the following days. Diesel, meanwhile, has fluctuated around the Rs. 395 to Rs. 400 per litre range in recent sessions.

The latest revision brings petrol below Rs. 391 per litre, while diesel remains close to Rs. 397 per litre.