Govt raises petrol price by Rs1.20, cuts diesel by Re0.17 per litre
The government on Wednesday increased the price of petrol by Rs1.20 to Rs393.86 per litre, while reducing the price of high-speed diesel (HSD) by Re0.17 to Rs396.65 per litre, effective for Thursday, October 15, 2026. According to a press release issued by the Petroleum Division, the Oil and Gas Regulatory Authority (OGRA) revised the ex-depot prices of petroleum products under the pricing…
The Pakistani government has raised the price of petrol by Rs1.20 to Rs393.86 per litre, while simultaneously cutting the price of high-speed diesel (HSD) by Re0.17 to Rs396.65 per litre. These changes, which will take effect on October 16, 2026, were announced by the Petroleum Division following a revision of ex-depot prices by the Oil and Gas Regulatory Authority (OGRA).
The adjustments were made in response to global developments, such as fluctuations in Platts rates, premiums, and incidentals. Brent crude prices experienced a slight decline of over 1% on Thursday, as potential US measures to ease restrictions on Russia’s "shadow fleet" tankers helped alleviate price concerns, yet ongoing Middle East attacks and Ukrainian strikes on Russian energy infrastructure tempered the decline.
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