Petrol Price Cut Rs6, Diesel Rs6.80 in Fortnightly Revision
The federal government has slashed petrol prices by Rs6 per litre and high-speed diesel by Rs6.80 per litre, effective from the current fortnightly revision cycle. The reductions reflect falling global crude benchmarks and provide immediate relief to consumers already under sustained inflationary pressure.
The cuts mark one of the sharper fortnightly reductions in recent months and are expected to ease transportation and logistics costs across the country. Diesel, being the primary fuel for freight, agriculture, and industrial generators, carries a broader economic multiplier than petrol.
The decision comes against the backdrop of softer international oil prices and is consistent with the government's stated commitment to pass global price movements on to domestic consumers. Critics have previously argued that downward revisions have been delayed or compressed relative to the speed at which upward adjustments are applied.
The adjustment will be welcomed by the transport sector, which has faced prolonged margin pressure. Market analysts noted that the reduction also marginally supports the government's inflation management narrative ahead of the upcoming federal budget.
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