Govt raises diesel price by Rs1.91 per litre, keeps petrol unchanged
The government has increased the price of high-speed diesel (HSD) by Rs1.91 per litre while keeping petrol price unchanged, effective for the next three days. According to a press release issued by the Petroleum Division on Friday, the Oil and Gas Regulatory Authority (OGRA) revised the ex-depot prices of petroleum products under the federal government’s petroleum pricing mechanism. Following the…
On October 24-26, 2026, the government increased the price of high-speed diesel (HSD) by Rs1.91 per litre while keeping the price of petrol unchanged at Rs377.71 per litre. The Petroleum Division announced this change, citing revisions to ex-depot prices of petroleum products under the federal government's pricing mechanism. The Oil and Gas Regulatory Authority (OGRA) noted that the price adjustment was prompted by global factors, including fluctuations in Platts rates, premiums, and incidentals.
The hike in diesel prices comes after a previous increase of Rs1.64 per litre on Thursday, while petrol prices had been reduced by Rs1.60 per litre. Globally, oil prices surged on Friday, with Brent crude reaching a five-month high of $115 per barrel after Houthi attacks in Saudi Arabia raised concerns about potential disruptions to Middle Eastern energy supplies.
Brent futures climbed $1.40, or 1.2%, to $114.57 a barrel, while US West Texas Intermediate crude rose $1.48, or 1.5%, to $100.95.
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