{
  "id": 17830820,
  "title": "Govt slashes high-speed diesel price by Rs7.76 per litre, petrol by Rs3.40",
  "url": "https://urgent.news/2026/11/02/govt-slashes-high-speed-diesel-price-by-rs7-76-per-litre-petrol-by",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-02T17:46:51.000Z",
  "source": {
    "name": "Dawn",
    "slug": "dawn",
    "url": "https://www.dawn.com/news/2041653/govt-slashes-high-speed-diesel-price-by-rs776-per-litre-petrol-by-rs340"
  },
  "original_language": "en",
  "account": "The Pakistani government has reduced the price of petrol by Rs3.40 per litre and high-speed diesel (HSD) by Rs7.76 per litre, effective from November 3. Following the revision, a litre of petrol will cost Rs374.51, while a litre of HSD will set consumers back Rs395.20. These price cuts are under a new system where oil refineries bear a burden of around Rs15 billion monthly, according to the government. This move aims to keep petrol prices Rs15 cheaper than the global market amid the US-Israeli war on Iran. The Petroleum Minister, Ali Pervaiz Malik, praised refineries for increasing their output, which helped offset the price cuts. The government's renewed austerity measures include a curfew for markets, cutting fuel allocations for official vehicles by 50%, and a relief scheme for motorcycles, autos, and vehicles up to 800cc.",
  "summary": null,
  "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."
}