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The federal government has revised petroleum prices for the new period, offering minor relief to petrol consumers while significantly increasing the price of high-speed diesel.
Price Adjustments
According to an official notification, the price of petrol has been reduced by 35 paisas per litre, bringing it down to Rs315.80 per litre.
Diesel consumers will face a substantial increase as the price of high-speed diesel has been raised by Rs5.71 per litre, taking the new price to Rs360.06 per litre.
Effective Period
The revised fuel prices will remain effective until July 21, as per the notification issued by the government.
Impact on Consumers
While the modest petrol price reduction provides slight relief to motorists, the significant hike in diesel prices is expected to impact transportation costs and the prices of goods, as diesel is widely used in the transport and agriculture sectors.
