The federal government on Monday cut the price of petrol by Rs2.27 and high-speed diesel (HSD) by Rs3.56 per litre.
With the latest adjustment, petrol will be available at Rs389.03 per litre, while HSD will be priced at Rs404.97 per litre. The revised rates will take effect from September 29.
The government is currently collecting Rs114 per litre in taxes and duties on petrol and Rs100 per litre on diesel.
The government has revived several fuel-conservation measures amid elevated international oil prices and the continuing conflict in the Middle East.
The measures include requiring markets to shut by 9pm and reducing fuel allocations for official vehicles by 50% for three months.
On September 13, Prime Minister Shehbaz Sharif announced a relief package for motorcycle, rickshaw and up to 800cc vehicle users to ease the impact of higher global oil prices.
