Govt cuts petrol price by Rs6.59, diesel by Rs4.25 per litre
The federal government reduced the price of petrol by Rs6.59 per litre to Rs346 and high-speed diesel (HSD) by Rs4.25 per litre to Rs378, effective November 7, 2026. According to a press release issued by the Oil and Gas Regulatory Authority (OGRA) on Friday, the regulator revised the ex-depot prices of petroleum products under the federal government’s petroleum pricing mechanism. Petrol was…
The federal government has reduced the price of petrol by Rs6.59 per litre to Rs346 and high-speed diesel (HSD) by Rs4.25 per litre to Rs378, effective November 7, 2026. The revised prices will remain in effect until November 10, 2026, due to a public holiday on November 9. This price cut comes after petrol was previously priced at Rs352.59 per litre and diesel at Rs382.25 per litre.
The move follows a decrease in global oil prices, driven by the election losses of US President Donald Trump’s Republican Party, which raised hopes of a de-escalation in the US-Israeli conflict with Iran and a stock market sell-off.
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