Pakistan, Sept. 28 -- The federal government has reduced petrol and high-speed diesel prices from September 29. Petrol prices fell by Rs2.27 per litre, while HSD prices dropped by Rs3.56. Petrol will now cost Rs389.03 per litre, while diesel will sell at Rs404.97.

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According to the Petroleum Division notification, the revised rates reflect changes in international oil prices. The new prices will apply from September 29. Meanwhile, the Oil and Gas Regulatory Authority has started publishing daily petroleum price information.

The government has also introduced a daily fuel price review mechanism amid volatility in global oil markets. Under the new system, prices ...