The federal government has reduced petrol prices by Rs. 2.71 per litre to Rs. 379.31 for October 21, according to the latest update from the Oil and Gas Regulatory Authority (OGRA).
Diesel prices, however, have increased by Rs. 0.31 per litre to Rs. 390.11.
On Tuesday, petrol prices had increased by Rs. 0.88 to Rs. 382.02 per litre, while diesel had become more expensive by Rs. 0.53 to Rs. 389.80 per litre.
Since daily fuel price revisions began, petrol has increased by Rs. 68.60 per litre and diesel by Rs. 66.81 per litre, compared with their respective prices before the daily pricing system was introduced.
Petrol and Diesel Price Trends
Petrol prices have fluctuated significantly in recent months. Petrol reached Rs. 398.96 per litre on October 8 before falling to Rs. 379.31 on October 21.
Diesel prices also declined from Rs. 400.35 per litre on September 30 to Rs. 390.11 on October 21, despite some increases during the period.
The latest revision brings petrol prices below Rs. 380 per litre for the first time in the recent series of daily updates. Diesel remains more expensive than petrol, at Rs. 390.11 per litre.
