The federal government on Saturday announced an increase of Re1 per litre in the price of petrol, while the price of high-speed diesel (HSD) was maintained at the existing rate. According to a notification issued by the Ministry of Finance, the price of petrol has been raised from Rs252.63 per litre to Rs253.63 per litre, while the price of HSD remains unchanged at Rs254.64 per litre. The new prices will take effect from midnight and will remain in place for fifteen days. Earlier in May, the government had kept petrol prices unchanged for two weeks but cut the price of HSD by Rs2 per litre, effective from May 16.
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