Govt increases petrol price by Rs0.77, cuts high-speed diesel price by Rs1.03

if (!window._rawHtmlListenerAttached) { window._rawHtmlListenerAttached = true; window.addEventListener('message', function(event) { if (event.data && event.data.type === 'raw-html-resize' && event.data.id) { var iframe = document.getElementById(event.data.id); if (iframe) { var height = Math.min(Math.max(event.data.height, 50), 9200); iframe.style.height = height + 'px'; } } }); } The government on Monday raised the price of petrol by Rs0.77 per litre and cut that of high-speed diesel (HSD) by Rs1.03 per litre. Following the revision, petrol will retail at Rs342.79 per litre while HSD will cost Rs370.41 per litre. The government continues to levy Rs114 per litre in taxes and duties on petrol and Rs100 per litre on diesel. According to the Petroleum Division’s notification, the new prices will be applicable on September 1 (Tuesday). The price of HSD has come down from a peak of Rs520.35 recorded on April 3. Its price had started rising from Rs281 per litre after the US-Iran war broke out on February 28. The petrol price had peaked at Rs458.41 on April 3 after beginning its upward trajectory from Rs266 in the first week of March. Earlier, Petroleum Minister Ali Pervaiz Malik announc