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The government reduced the price of petrol by Rs0.43 per litre but increased HSD prices by Rs3.47 per litre, effective from September 18. Petrol will now cost Rs390.79 per litre and HSD Rs424.92 per litre. This adjustment is due to fluctuations in the international market prices of oil products following tensions between Iran and the US.
Written locally by qwen2.5:14b on 2026-09-17,
using this article's own text rather than the other coverage of the
same event (that is the story summary below).
Story summary
The Government reduced the price of petrol by Rs0.43 per litre but increased the price of high-speed diesel (HSD) by Rs3.47 per litre, effective from September 18, 2023. Under the new pricing, petrol will retail at Rs390.79 per litre and HSD at Rs424.92 per litre. The government continues to impose taxes of Rs114 per litre on petrol and Rs100 per litre on diesel. According to the Petroleum Division’s notification, these changes are due to international market rates, premiums, and other relevant factors. Additionally, Prime Minister Shehbaz Sharif announced a relief scheme for users of motorcycles, autos, and vehicles up to 800cc to alleviate their financial burden from rising fuel costs.
Written for “Petrol Price Adjustments India” on 2026-09-18,
grounded in this article and the 0 other(s) covering the same event.
Why this leaning score
This article does not take a side on a contested political
question, so it has no leaning score. That is an
answer rather than a gap: a match report or a rescue can be warmly
or critically written without being left or right, and scoring it
anyway is how approval of a subject gets recorded as a political
position.
No political leaning scored for article 16676 · logged 2026-09-17
The government on Thursday cut the price of petrol by Rs0.43 per litre but raised that of high-speed diesel (HSD) by Rs3.47 per litre.
asserted
government → cut → litre
Following the revision, petrol will retail at Rs390.79 per litre while HSD will cost Rs424.92 per litre.
asserted
HSD → follow → litre
The government continues to levy Rs114 per litre in taxes and duties on petrol and Rs100 per litre on diesel.
asserted
government → continue → diesel
According to the Petroleum Division’s notification, the new prices will be applicable on Sept 18 (Friday).
uncertain
prices → accord → Sept
According to Oil and Gas Regulatory Authority (OGRA), the increase is primarily linked to higher petrol and diesel prices in the international market.
uncertain
increase → accord → market
The regulator said the prices were revised based on international market rates, premiums and other relevant factors.
asserted
prices → say → rates
The price of HSD has come down from a peak of Rs520.35 recorded on April 3.
asserted
price → come → April
Its price had started rising from Rs281 per litre after the US-Iran war broke out on February 28.
asserted
war → start → February
The petrol price had peaked at Rs458.41 on April 3 after beginning its upward trajectory from Rs266 in the first week of March.
asserted
price → peak → March
On September 13, Prime Minister Shehbaz Sharif announced a “relief scheme” for users of motorcycles, autos and vehicles of up to 800cc to “alleviate the burden” of rising global oil prices.
asserted
Sharif → announce → prices
A statement from the Prime Minister’s Office (PMO) said owners of two- and three-wheelers would receive relief of Rs100 per litre on a monthly quota of 20 litres, while owners of vehicles up to 800cc would receive the same relief on a monthly quota of 30 litres.
asserted
owners → say → litres
On July 17, Petroleum Minister Ali Pervaiz Malik announced that fuel prices would now be fixed on a daily basis due to fluctuations in international market prices following renewed hostilities between Iran and the US.
asserted
prices → announce → Iran
Prior to this, the government had been announcing weekly revisions to fuel prices since early March, alongside measures for the conservation of fuel amid possible oil supply disruptions due to the ongoing conflict in the Middle East.
asserted
government → announce → East
The federal government in April also announced targeted relief measures to provide subsidised fuel.
asserted
government → announce → fuel
The petroleum minister stated that the cabinet and the prime minister had decided to give the Oil and Gas Regulatory Authority (Ogra) the responsibility of deciding fuel prices on a daily basis based on international market trends.
asserted
cabinet → state → trends
Petrol is mainly used in private transport, small vehicles, rickshaws and two-wheelers, and changes in its price affect the middle and lower-middle classes.
asserted
changes → use → classes
Similarly, changes in diesel prices also impact the public at large, as it is mainly used in the heavy transport sector, power plants and large generators.
asserted
it → impact → sector
Petrol and high-speed diesel (HSD) are the major revenue earners, with monthly sales of about 700,000 to 800,000 tonnes, compared to just 10,000 tonnes of monthly demand for kerosene.
asserted
Petrol → compare → kerosene