Government Announces Second Straight Cut in Fuel Prices

The federal government has announced a second consecutive reduction in the prices of motor spirit (MS) petrol and high-speed diesel (HSD), according to the latest notification issued by the Oil and Gas Regulatory Authority (OGRA).

Under the revised rates, the price of petrol has been reduced by Rs. 4.08 per litre, bringing it down to Rs. 331.95 per litre. Meanwhile, high-speed diesel has become cheaper by Rs. 2.45 per litre, with the new price set at Rs. 389.93 per litre.

This follows the previous fuel price revision announced on Friday, when the government reduced the price of petrol by Rs. 0.12 per litre to Rs. 336.03 per litre, while diesel was lowered by Rs. 0.66 per litre to Rs. 392.38 per litre.

Daily Revisions to Date

Date	Day	Petrol (Rs./Litre)	Diesel (Rs./Litre)
Before daily pricing (11–17 July)	Friday	310.71	323.30
18 July	Saturday	316.15	354.35
20 July	Monday	315.80	360.06
21 July	Tuesday	320.73	367.21
22 July	Wednesday	327.12	375.04
23 July	Thursday	331.52	378.66
24 July	Friday	335.18	383.46
25-26 July	Saturday-Sunday	335.18	383.46
27 July	Monday	334.18	386.83
28 July	Tuesday	335.81	388.38
29 July	Wednesday	335.06	390.62
30 July	Thursday	336.15	393.04
31 July	Friday	336.03	392.38
03 August	Monday	Rs. 331.95	Rs. 389.93

The latest adjustment marks the second consecutive decrease in fuel prices, providing some relief to consumers and businesses affected by transportation and fuel costs.