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The government on Friday reduced the prices of petrol and high-speed diesel (HSD) by Rs2.20 and Rs1.50 per litre, respectively.
Following the revision, petrol will retail at Rs327.62 per litre while HSD will cost Rs380.86 per litre. The government continues to levy Rs114 per litre in taxes and duties on petrol and Rs100 per litre on HSD.
According to the Petroleum Division’s notification, the new prices will apply from August 8 to 10.
The diesel price has come down from a peak of Rs520.35 recorded on April 3. Its price had started rising from Rs281 per litre after the US-Iran war broke out on February 28.
