Petrol price down by Rs6.59 per litre, high-speed diesel by Rs4.25 in fifth straight reduction
The government on Friday once again decreased the price of petrol by Rs6.59 per litre and that of high-speed diesel (HSD) by Rs4.25, in the fifth consecutive cut in fuel prices. Following the revision, petrol will retail at Rs346 per litre, while HSD will cost Rs378. The prices are applicable from Nov 7 (Saturday) to Nov 10 (Tuesday) due to a public holiday on Nov 9, according to a notification by the Oil and Gas Regulatory Authority (Ogra). The government continues to levy Rs114 per litre in taxes and duties on petrol and Rs100 per litre on diesel. Under an arrangement announced on Monday…