Govt raises petrol price by Rs1.54 per litre, high-speed diesel rate by Rs2.16

The government on Monday increased the price of petrol by Rs1.54 per litre and that of high-speed diesel (HSD) by Rs2.16. Following the revision, petrol will retail at Rs379.25 per litre, while HSD will cost Rs395.82 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 are applicable for Oct 27 (Tuesday). On Friday, the Pakistan Petroleum Dealers Association had urged consumers not to resort to panic buying, as excessive purchases could create market…