{
  "id": 12433876,
  "title": "Petrol price up by Rs1.19 per litre, high-speed diesel's down by Rs1.91 in latest revision",
  "url": "https://urgent.news/2026/10/06/petrol-price-up-by-rs1-19-per-litre-high-speed-diesels-down-by-rs1-91",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-06T17:59:31.000Z",
  "source": {
    "name": "Dawn",
    "slug": "dawn",
    "url": "https://www.dawn.com/news/2035208/petrol-price-up-by-rs119-per-litre-high-speed-diesels-down-by-rs191-in-latest-revision"
  },
  "original_language": "en",
  "account": "On Tuesday, the government announced a price hike of Rs1.19 per litre for petrol and a reduction of Rs1.91 per litre for high-speed diesel (HSD), according to a Petroleum Division notification. As a result, petrol will now retail at Rs394.83 per litre and HSD at Rs395.85 per litre. The government retains taxes and duties of Rs114 per litre for petrol and Rs100 per litre for diesel. The new prices will come into effect from October 7 (Wednesday).\n\nThe HSD price has dropped from a peak of Rs520.35, recorded on April 3, and its rise began at Rs281 per litre following the US-Iran war on February 28. Conversely, petrol reached its peak at Rs458.41 on April 3 after starting its upward trend from Rs266 in the first week of March.\n\nTo counter the increasing fuel prices amid the Middle East conflict, the government has reintroduced austerity measures. Markets are now required to close by 9pm, and fuel allocations for official vehicles have been reduced by 50 per cent for three months. Prime Minister Shehbaz Sharif also unveiled a \"relief scheme\" for users of motorcycles, autos, and vehicles up to 800cc to alleviate the burden of rising global oil prices.\n\nThe government started announcing fuel prices daily due to fluctuations in international market prices following renewed hostilities between Iran and the US. Previously, weekly revisions to fuel prices were conducted since early March, alongside conservation measures due to potential oil supply disruptions caused by the ongoing Middle East conflict. The federal government had also announced targeted relief measures in April to provide subsidised fuel. The petroleum minister stated that the cabinet and prime minister decided to entrust the Oil and Gas Regulatory Authority (Ogra) with the responsibility of determining fuel prices daily based on international market trends. Petrol is primarily used in private transport, small vehicles, rickshaws, and two-wheelers, with the middle and lower-middle classes being most affected by changes in its price. Diesel, on the other hand, is crucial for the heavy transport sector, power plants, and large generators, impacting the public at large. Both petrol and HSD are significant revenue earners, with monthly sales ranging from 700,000 to 800,000 tonnes and 10,000 tonnes, respectively, compared to just 10,000 tonnes for kerosene.",
  "summary": null,
  "key_points": [
    "Petrol price increased by Rs1.19 per litre",
    "High-speed diesel price decreased by Rs1.91 per litre",
    "New prices effective from October 7"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Dawn Business",
        "title": "Petrol price up by Rs1.19 per litre, high-speed diesel's down by Rs1.91 in latest revision",
        "url": "https://urgent.news/2026/10/06/petrol-price-up-by-rs1-19-per-litre-high-speed-diesels-down-by-rs1-91-12439050",
        "published": "2026-10-06T17:59:31.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}