Overview
- The Finance Division’s notification makes the new fuel prices effective from October 16 through October 31, with the next review due on November 1.
- High-speed diesel is reduced by Rs1.39 to Rs275.41 per litre, kerosene drops by Rs3.26 to Rs181.71, and light diesel oil falls to Rs162.76.
- The pricing decision follows OGRA recommendations built on industry calculations and the government’s regular fortnightly review mechanism.
- Officials and industry reporting attribute the room for reductions to easing international oil benchmarks alongside a stable rupee against the dollar.
- Fixed charges continue to shape pump rates, including petroleum levy and carbon surcharge near Rs80 per litre on petrol and diesel, IFEM of Rs8.69 on petrol and Rs6.19 on diesel, and import premiums of $6.62 and $3.20 per barrel respectively.