High-Speed Diesel (HSD)
Coverage of High-Speed Diesel (HSD) in the Nexus archive.
- Petrol price up by Rs3.66, HSD by Rs4.80 as govt revises fuel rates
The government increased petrol and HSD prices by Rs3.66 and Rs4.80 per litre, citing global oil price fluctuations and renewed hostilities in the Persian Gulf. New prices take effect on July 25, with petrol at Rs335.18 and HSD at Rs383.46 per litre. Petroleum Minister Ali Pervaiz Malik announced daily fuel price adjustments, a move opposed by the All Pakistan Dealers Association.
- Govt slashes petrol, diesel prices by Rs1.97
The government reduced petrol and diesel prices by Rs1.97 per litre, effective immediately until July 10, reflecting lower global prices. Diesel prices peaked at Rs520.35 on April 3, while petrol reached Rs458.41. Tax adjustments, including a doubled climate support levy, influenced the price cuts.
- PM Shehbaz announces reduction in prices of petrol by Rs74, diesel by Rs67
Prime Minister Shehbaz Sharif announced a Rs74 reduction in petrol prices and Rs67 in diesel prices, citing declining international oil prices and improved regional stability. The new prices will be Rs299.78 per litre for petrol and Rs311.78 for diesel, down from previous levels, as the government aims to pass on benefits to the public.
- Govt slashes petrol price by Rs4, diesel by Rs2
The government reduced petrol prices by Rs4 per litre and diesel by Rs2 per litre, effective immediately. This marks the fifth consecutive weekly price cut for petrol, with a cumulative decrease of Rs41 per litre, while diesel prices now stand at Rs378.78 per litre. The revisions follow the paused US-Israeli war on Iran and are linked to ongoing tax structures on petroleum products.
- Govt reduces petrol price by Rs4, keeps diesel price unchanged
The government reduced petrol prices by Rs4 per litre to Rs377.79, marking the fourth consecutive weekly decrease, while diesel prices remained unchanged at Rs380.78 per litre. Taxes and levies were adjusted to maintain diesel prices, which had previously peaked at Rs520.35.