Govt cuts petrol price by Rs2.93, raises diesel by 61 paisas for October 13

Profit, published by Pakistan Today, reported that the federal government cut petrol prices by Rs2.93 per litre on Monday, bringing the rate to Rs395.37 from October 13, 2026. High-speed diesel (HSD) moved the other way, rising Re0.61 to Rs396.85 per litre. The Oil and Gas Regulatory Authority (OGRA) revised ex-depot rates under the petroleum pricing mechanism, according to a Petroleum Division notification.

Before the change, petrol stood at Rs398.30 and diesel at Rs396.24 per litre. The Petroleum Division linked the adjustments to movements in international petroleum markets, including Platts rates, premiums and incidentals. The revision came after Friday's move, which had lowered petrol by Re0.66 and raised diesel by Re0.52.

Global crude also firmed on Monday, with Brent futures up $2.04, or 2%, to $106.76 per barrel, their highest since September 29. Attacks on Saudi Arabia outweighed expectations of higher supply, Profit noted. West Texas Intermediate gained $1.84 to $93.69 per barrel.