The federal government has reduced petrol and diesel prices for the next 24 hours, bringing petrol down to Rs. 338 per litre and high-speed diesel to Rs. 371 per litre.

Under the latest revision issued on Tuesday, petrol has become cheaper by Rs. 8 per litre, while diesel prices have fallen by Rs. 7 per litre.

This is the sixth consecutive reduction in fuel prices since last week.

The latest cut follows Friday’s reduction, when petrol prices were lowered by Rs. 6.59 per litre to Rs. 346, while diesel became cheaper by Rs. 4.25 per litre to Rs. 378.

Fuel Prices Since Daily Revisions Began

Fuel prices have changed repeatedly since daily adjustments began. Petrol and diesel initially increased, reaching Rs. 398.96 and Rs. 395.72 per litre, respectively, on October 8.

Petrol later peaked at Rs. 398.30 on October 9, while diesel reached Rs. 424.92 on September 17. Both fuels have since seen several increases and reductions.

The latest rates of Rs. 338 for petrol and Rs. 371 for diesel are lower than their recent October levels. However, the figures provided show that since the start of daily pricing on July 18, petrol has increased by Rs. 21.85 per litre and diesel by Rs. 16.65 per litre.