Govt raises petrol price by Re0.88, diesel by Re0.53 per litre
The government on Tuesday increased the price of petrol by Re0.88 to Rs382.02 per litre and high-speed diesel (HSD) by Re0.53 to Rs389.80 per litre, effective October 21, 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 in line with the pricing mechanism set by the federal government.…
On Tuesday, the government raised the price of petrol by Re0.88, bringing the cost to Rs382.02 per litre. Additionally, high-speed diesel (HSD) saw an increase of Re0.53, raising its price to Rs389.80 per litre. These new rates will be in effect starting October 21, 2026, as announced by the Petroleum Division in a press release.
The Oil and Gas Regulatory Authority (OGRA) adjusted the ex-depot prices of petroleum products according to the pricing mechanism established by the federal government. The government explained that the price hike was due to global factors, such as fluctuations in Platts rates, premiums, and incidentals.
Written by urgent.news from Business Recorder's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
