The government has raised petrol and diesel prices by over Rs4 per litre for the next two weeks, effective from October 1.
According to the Finance Ministry’s notification, petrol is now priced at Rs268.68 per litre after an increase of Rs4.07, while high-speed diesel has risen by Rs4.04 to Rs276.81 per litre. These revised rates will remain in effect until October 15.
Officials explained that the adjustment was made to reflect global oil price movements and currency fluctuations, ensuring fuel supply stability. The hike is expected to impact transport and commodity prices, fueling concerns over inflation and household budgets.
Petrol and diesel remain the most consumed fuels nationwide, meaning changes in their prices directly affect economic activity.
Meanwhile, the Oil and Gas Regulatory Authority (OGRA) announced a reduction in liquefied petroleum gas (LPG) prices. From October 1, the rate of LPG has been lowered by Rs6.71 per kg, fixing the new price at Rs207.49 per kg. The cost of an 11.8-kg domestic cylinder has also dropped by Rs79.14, bringing it down to Rs2,448.33.
The contrasting fuel price revisions highlight the government’s attempt to balance rising import costs with relief measures for households.