high-speed diesel
Coverage of high-speed diesel in the Nexus archive.
- Govt reduces petrol price by Rs3.39, high-speed diesel by Rs4.07
The government reduced petrol prices by Rs3.39 to Rs328.56 per litre and high-speed diesel by Rs4.07 to Rs385.86 per litre, effective August 5. These cuts follow international market fluctuations and a shift to daily fuel pricing decisions by the Oil and Gas Regulatory Authority (Ogra), replacing weekly revisions.
- Pakistan State Oil to be sole diesel importer in FY27
Pakistan State Oil (PSO) will be the sole importer of high-speed diesel (HSD) in FY27, as the government bans private oil marketing companies (OMCs) from HSD imports. Petrol imports by private OMCs are capped based on past sales, while PSO will secure a long-term supply contract with OQ Trading of Oman to ensure fuel security amid the Strait of Hormuz closure. New pricing and supply guidelines are issued to the Oil & Gas Regulatory Authority (Ogra).