Petrol is unchanged at Rs375.82 a litre and high-speed diesel at Rs403.32 for a second day (PSO).
Both are listed as effective from 12 September.
The week
| | 7 September | 14 September | Change | |—|—|—|—| | Petrol | Rs345.87 | Rs375.82 | +Rs29.95 (+8.7pc) | | High-speed diesel | Rs378.05 | Rs403.32 | +Rs25.27 (+6.7pc) |
Five consecutive daily increases to 12 September, then two days flat.
Why the pause is getting harder to hold
Brent reached $107.82 on Monday, up 3.1 percent, after strikes on Saudi Arabia’s east-west pipeline and a vessel fire in the Strait of Hormuz. When prices were rising daily last week, Brent was near $99 to $105.
So the input has gone up while the output has stayed flat for two days. Under a mechanism that passes international prices through daily, that gap has to resolve somewhere.
What we can and cannot say about why
Nothing. OGRA has published no explanation for the pause, and we are not going to supply a motive it has not stated. What can be observed is the arithmetic: the crude price underlying the last revision was lower than today’s.
On sourcing, again
We check this figure at the start of every cycle. Today a general search returned the 8 September prices — Rs358.77 and Rs381.77 — as though current. Those are six days and five revisions out of date, and they are exactly the figures this newspaper wrongly printed for three days last week before correcting on 11 September.
Today’s numbers come from PSO, the state marketing company, cross-checked against a second tracker. Both give the same figures and the same effective date.
What is not established
OGRA has issued no statement on whether daily revisions resume, and no date has been published for the next review.
[Image: Reuters via The Express Tribune]
