Govt hikes petrol by Rs3.26, cuts diesel price by Rs1.01 per litre
The federal government on Thursday increased the price of petrol by Rs3.26 to Rs390.66 per litre, while reducing high-speed diesel (HSD) by Rs1.01 to Rs399.34 per litre, effective October 2, 2026. According to a press release issued by the Petroleum Division, the Oil and Gas Regulatory Authority (OGRA) revised the ex-depot prices under the petroleum pricing mechanism notified by the federal…
On October 2, 2026, the federal government announced a petrol price hike of Rs3.26 to Rs390.66 per litre, while reducing the price of high-speed diesel (HSD) by Rs1.01 to Rs399.34 per litre. The Petroleum Division and the Oil and Gas Regulatory Authority (OGRA) revised the ex-depot prices based on global developments, including changes in Platts rates, premiums and incidentals.
The new prices will be in effect until the end of October 2026. This follows a previous price cut of Rs0.14 per litre for petrol and Rs1.89 per litre for HSD announced the previous day. In the meantime, Brent benchmark oil prices climbed around 2% on Thursday, following China's suspension of oil product exports, which may tighten fuel markets already grappling with global supply shortages.
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