{
  "id": 14504591,
  "title": "Govt raises petrol price by Rs1.20, decreases diesel's by Re0.17 per litre",
  "url": "https://urgent.news/2026/10/14/govt-raises-petrol-price-by-rs1-20-decreases-diesels-by-re0-17-per",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-14T17:51:09.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40444216/govt-raises-petrol-price-by-rs120-decreases-diesels-by-re017-per-litre"
  },
  "original_language": "en",
  "account": "On Wednesday, the government raised the price of petrol by Rs1.20, bringing the price to Rs393.86 per litre, while lowering the price of high-speed diesel (HSD) by Re0.17, reducing it to Rs396.65 per litre, starting from Thursday, October 15, 2026. The Oil and Gas Regulatory Authority (OGRA) announced the revised ex-depot prices of petroleum products under the federal government's petroleum pricing mechanism, as per a press release from the Petroleum Division. The revised prices are set to remain in effect for October 15. The Petroleum Division explained that the change was prompted by global developments, such as fluctuations in Platts rates, premiums, and incidentals. On Tuesday, the government had previously decreased the price of petrol by Rs2.71, bringing the price to Rs392.66 per litre, and reduced the price of high-speed diesel by Re0.03, lowering it to Rs396.82 per litre. In the meantime, oil prices stabilized on Wednesday following a rise driven by an attack on Saudi Arabia's state-owned oil company and Iranian remarks about new tactics to target ships and maintain high oil prices, aiming to influence US midterm elections. Brent crude futures increased by 13 cents to $105.56 a barrel by 1325 GMT. Meanwhile, US West Texas Intermediate crude climbed $1.25, or 1.33%, to $95.39 for a more than two-week high.",
  "summary": "The government on Wednesday increased the price of petrol by Rs1.20 to Rs393.86 per litre, while reducing the price of high-speed diesel (HSD) by Re0.17 to Rs396.65 per litre, effective for Thursday, October 15, 2026. The Oil and Gas Regulatory Authority (OGRA) revised the ex-depot prices of petroleum products under the federal government’s petroleum pricing mechanism, according to a press…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}