Petrol has become cheaper across Pakistan, with the government cutting the price by Rs7.06 per litre to Rs362, while high-speed diesel (HSD) is down by Rs3.71 per litre to Rs387.81. The new rates took effect on Thursday, 5 November 2026.
According to a notification issued by the Oil and Gas Regulatory Authority (OGRA) on Wednesday, the ex-depot price of petrol (motor spirit) has been reduced from Rs369.06 to Rs362.00 per litre, while high-speed diesel has been cut from Rs391.52 to Rs387.81 per litre. The revised prices were worked out under the petroleum products pricing mechanism approved by the federal government.
Wednesday's cut is the third consecutive reduction in fuel prices. The adjustments are linked to international petroleum prices and take into account changes in global markets, Platts rates, premiums and other incidental costs, according to the Petroleum Division.
The relief comes under a new daily pricing system. The government has handed OGRA the responsibility of deciding fuel prices on a daily basis, based on international market trends, Petroleum Minister Ali Pervaiz Malik said. Under a new mechanism announced on Monday for 30 days, oil refineries will contribute to the petroleum levy by bearing a cumulative impact of Rs15 billion, according to the government.
The price cut will bring some relief to consumers at the fuel pumps, especially motorists, transporters and businesses that depend on diesel for goods transport. However, the government continues to levy heavy taxes on fuel — Rs114 per litre in taxes and duties on petrol and Rs100 per litre on diesel — so a large part of what consumers pay at the pump still goes to the exchequer.
The new prices apply for 5 November only under the daily pricing system, and the next revision will depend on how international oil prices move. For now, though, the third cut in a row is welcome news for households already facing high living costs, and it comes just days after the government decided not to pass on a proposed Rs15 per litre petrol increase to consumers.
Sources: Dawn, Geo News, Business Recorder, Aaj News, Pakistan Today, UrduPoint (APP).
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ROMAN URDU VERSION:
Pakistan bhar mein petrol sasta ho gaya hai — hukumat ne petrol ki qeemat mein Rs7.06 fi litre kami karke isay Rs362 kar diya hai, jabke high-speed diesel (HSD) Rs3.71 kami ke baad Rs387.81 fi litre ho gaya hai. Nai qeematein jumeraat, 5 November 2026 se naafiz hain.
Oil and Gas Regulatory Authority (OGRA) ke budh ko jari kardah notification ke mutabiq petrol ki ex-depot qeemat Rs369.06 se kam hokar Rs362.00 fi litre, aur diesel ki qeemat Rs391.52 se kam hokar Rs387.81 fi litre ho gayi hai. Ye kami teesri musalsal kami hai. Hukumat ne OGRA ko rozana ki bunyad par qeematein tay karne ki zimmedari di hai, jo aalmi market ke rujhan par munhasir hongi.
Is kami se motorists, transporters aur aam saarifeen ko kuch rahat milegi, lekin petrol par Rs114 aur diesel par Rs100 fi litre taxes aur duties ab bhi laagu hain. Nai qeematein 5 November ke liye hain; agli tabdeeli aalmi tail ki qeematon par munhasir hogi.
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