Government Cuts Petrol and Diesel Prices by Rs1.97/Litre

Government Cuts Petrol and Diesel Prices by Rs1.97/Litre

The government has reduced the ex-depot prices of High-Speed Diesel (HSD) and Motor Spirit (MS) by Rs1.97 per litre, effective July 4, 2026. Following the revision, the price of HSD has been lowered to Rs309.50 per litre from Rs311.47, while MS will now retail at Rs297.53 per litre, down from Rs299.50.

The reduction follows last week’s decision to keep fuel prices unchanged and reflects easing pressure on international crude oil prices amid improving geopolitical stability in the Middle East.