Petrol price increased slightly, diesel cut for September
At a glance
- Petrol price increased by Rs 0.77 to Rs 342.79 per litre.
- High-speed diesel price cut by Rs 1.03 to Rs 370.41 per litre.
- Petroleum Levy remains unchanged at Rs 80 per litre for both fuels.
Story so far
The government has adjusted fuel prices for the start of September, increasing the price of petrol by Rs 0.77 to Rs 342.79 per litre, while cutting the price of high-speed diesel by Rs 1.03 to Rs 370.41 per litre. The adjustment is part of a daily price revision policy managed by OGRA. The price structure includes a significant tax component, with the Petroleum Levy alone fixed at Rs 80 per litre for both fuels.
Latest development
The government has provided a detailed breakdown of the new fuel prices effective September 1. The Petroleum Levy remains unchanged at Rs 80 per litre, while customs duty is set at Rs 20.65 for petrol and Rs 15.68 for diesel. The Oil and Gas Regulatory Authority will now publish daily rates on its website.
Latest updates
The government has kept several components of the fuel price structure unchanged for the start of September. According to details of the latest price notification, the Petroleum Levy remains fixed at Rs 80 per litre for both petrol and high-speed diesel.
Similarly, the Climate Support Levy is held steady at Rs 5 per litre for both fuels. Margins for Oil Marketing Companies (OMCs) and dealers are also unchanged, at Rs 7.87 and Rs 9.98 per litre respectively.
Customs duty has been maintained at Rs 20.65 per litre for petrol and Rs 15.68 per litre for high-speed diesel. For increased transparency, the Oil and Gas Regulatory Authority (Ogra) is now publishing daily petroleum rates on its official website.
Sources and updates
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