{
  "id": 14760185,
  "title": "Govt cuts petrol price by Rs3.63, increases diesel's by Re0.31 per litre",
  "url": "https://urgent.news/2026/10/15/govt-cuts-petrol-price-by-rs3-63-increases-diesels-by-re0-31-per-litre",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-15T18:22:30.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40444404/govt-cuts-petrol-price-by-rs363-increases-diesels-by-re031-per-litre"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Pakistani government has announced a reduction in the price of petrol by Rs3.63 to Rs390.23 per litre, effective for Friday, October 16, 2026. Simultaneously, the price of high-speed diesel (HSD) has been increased by Re0.31 to Rs396.96 per litre. These changes were made by the Oil and Gas Regulatory Authority (OGRA) under the federal government's petroleum pricing mechanism, in response to global events such as movements in Platts rates, premiums, and incidentals. This adjustment follows a previous price hike of Rs1.20 for petrol and a decrease of Re0.17 for HSD, announced the previous day. Brent crude prices experienced a slight decline of over 1% due to factors including potential U.S. steps to ease restrictions on Russia's \"shadow fleet\" tankers, as well as ongoing tensions in the Middle East and Russian energy infrastructure strikes, which tempered the price drop.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Business Recorder",
        "title": "Govt raises petrol price by Rs1.20, cuts diesel by Re0.17 per litre",
        "url": "https://urgent.news/2026/10/15/govt-raises-petrol-price-by-rs1-20-cuts-diesel-by-re0-17-per-litre",
        "published": "2026-10-15T17:49:14.000Z"
      }
    ]
  },
  "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."
}