Overview
- Petrol stays at Rs265.45 per litre, while high-speed diesel rises to Rs284.44 after a Rs6 increase.
- The new rates take effect on November 16 and apply for two weeks under a Finance Division notification.
- Market projections based on 13 days of data had pointed to diesel at Rs288.04 and a small petrol cut to Rs263.49.
- Industry reports cite tighter diesel supply due to extended maintenance at Kuwaiti refineries and partial output at Al-Zour.
- OGRA also lifted kerosene to Rs194.34 (up Rs9.29) and light diesel to Rs170.08 (up Rs6.82), with global prices recently jolted by reports of a drone strike near Russia’s Novorossiysk port.