Govt reduces diesel price by Rs7.76, petrol by Rs3.40 per litre
Pakistan government reduced on Monday the price of high-speed diesel (HSD) by Rs7.76 per litre to Rs395.20, and petrol by Rs3.40 per litre to Rs374.51, effective November 3, 2026. According to a press release issued by the Oil and Gas Regulatory Authority (OGRA), the regulator revised the ex-depot prices of petroleum products under the federal government’s petroleum pricing mechanism. On Friday,…
On November 3, 2026, the Pakistani government announced a reduction in the prices of high-speed diesel (HSD) and petrol. The HSD price was lowered by Rs7.76 per litre to Rs395.20, while the petrol price was reduced by Rs3.40 per litre to Rs374.51. The Oil and Gas Regulatory Authority (OGRA) made the changes in line with the federal government's petroleum pricing mechanism.
Prior to this, the government had increased the HSD price by Rs2.29 per litre to Rs402.96 from Rs400.67 on Friday, while keeping the petrol price unchanged at Rs377.91 per litre. Globally, oil prices fell about 6% on Monday due to discussions between Iranian and Qatari officials on resolving the US-Israeli conflict in Iran. This news lifted hopes for reduced Middle East supply disruptions, with Brent crude futures falling $6.78, or 6.0%, to $106.65 a barrel, and US West Texas Intermediate crude down $6.37, or 6.1%, to $97.75.
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