Pakistan’s federal government on Wednesday lowered petrol and high-speed diesel (HSD) rates, acting on a summary submitted by the Oil and Gas Regulatory Authority (OGRA). According to the latest notification, petrol now costs Rs335 per litre after a Rs3 reduction, while HSD has dropped by Rs7 to Rs364 per litre.
The revised rates will apply from November 12, the official notification said. The move came one day after a cut of Rs8 for petrol and Rs7 for diesel, which had set prices at Rs338 and Rs371 per litre from November 11.
| Product | Previous | New | Change |
|---|---|---|---|
| Petrol (per litre) | Rs 346.007 Nov 2026 | Rs 338.00from 11 Nov 2026 | ▼ Rs 8.00 (−2.31%) |
| High-Speed Diesel (per litre) | Rs 378.007 Nov 2026 | Rs 371.00from 11 Nov 2026 | ▼ Rs 7.00 (−1.85%) |
Source: OGRA notified prices. Data: OilPrices.pk, CC BY 4.0. Prices are maximum ex-depot rates; retail pumps may differ slightly.
Fuel prices surged after the US-Iran conflict began
Diesel was selling at Rs281 per litre when the war between the United States and Iran began on February 28, and it later hit a record Rs520.35 on April 3. Petrol, which stood at Rs266 per litre, started rising in the first week of March and peaked at Rs458.41 on April 3.
Also read: Petrol price cut Rs8, diesel Rs7 as OGRA revises rates · Petrol price cut to Rs346 per litre, diesel to Rs378
Relief scheme and daily pricing rules for fuel
On September 13, Prime Minister Shehbaz Sharif announced a scheme for owners of motorcycles, rickshaws and cars with engines up to 800cc, aimed at easing the strain of rising international oil prices. Earlier, on July 17, the petroleum minister said domestic prices would be revised daily amid fluctuations linked to renewed tensions between Iran and the United States in the Persian Gulf.
Since early March, the government had been revising petroleum prices weekly. Fuel conservation measures were also introduced, with officials citing concerns over possible disruptions to oil supplies from the ongoing conflict in the Middle East.
