Govt cuts petrol price by Rs3, diesel by Rs4 per litre
The Oil and Gas Regulatory Authority (OGRA) on Thursday cut the price of petrol by Rs3 to Rs332 per litre, and the price of high-speed diesel (HSD) by Rs4 to Rs360 per litre, effective Friday, November 13, 2026. In its press release, OGRA said the prices were worked out under the petroleum products pricing mechanism approved by the federal government. The new prices are effective for Friday,…
On Thursday, the Oil and Gas Regulatory Authority (OGRA) announced a reduction in the prices of petrol and high-speed diesel (HSD). The petrol price was lowered by Rs3, bringing it to Rs332 per litre, while the HSD price was cut by Rs4, now at Rs360 per litre. These new prices will take effect starting Friday, November 13, 2026, as per a press release from OGRA.
The price adjustments were determined under the petroleum products pricing mechanism, which has been approved by the federal government. This follows a similar price cut made by the government on Wednesday, where petrol was reduced by Rs3, to Rs335 per litre, and HSD by Rs7, to Rs364 per litre.
Internationally, oil prices experienced a slight uptick on Thursday. This was despite ongoing geopolitical tensions in the Middle East and Russia, as well as the pressure from increased crude production. Brent futures rose by 65 cents to $93.40 a barrel, while US West Texas Intermediate crude gained 1 cent, reaching $86.54. However, these prices fell by more than $1 per barrel in early Asian trading and were projected to decline further over the week.
Written by urgent.news from Business Recorder's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
