Govt cuts petrol price by Re0.66, raises diesel by Re0.52 per litre

According to Business Recorder, the government lowered the petrol rate by Rs0.66 to Rs398.30 per litre, whereas high-speed diesel (HSD) became dearer by Rs0.52, now priced at Rs396.24 per litre. The adjusted rates start applying on Saturday, October 10, 2026. Both moves follow a revision of ex-depot prices that the Oil and Gas Regulatory Authority (OGRA) carried out on Friday.

The Petroleum Division attributed the move to overseas price developments, among them shifts in Platts quotations, premiums and incidental charges. The revised rates will stay in force until October 12, 2026.

Earlier on Thursday, the government had raised petrol by Rs2.31 and increased diesel by Rs0.78 per litre. This means the latest petrol reduction partly offsets that earlier rise.