Govt decreases petrol price by Rs2.93, increases diesel's by Re0.61 per litre

On Monday, petrol got cheaper by Rs2.93, falling to Rs395.37 per litre, while high-speed diesel (HSD) rose Rs0.61 to Rs396.85 per litre. The new prices apply from Tuesday, October 13, 2026, according to Business Recorder. The Oil and Gas Regulatory Authority revised the ex-depot prices under the federal pricing mechanism, following a notification from the Petroleum Division.

Before the change, petrol stood at Rs398.30 per litre and HSD at Rs396.24 per litre. The Petroleum Division linked the revision to international developments, among them shifts in Platts pricing, premiums and incidentals. Last Friday, petrol had been cut by Rs0.66 and diesel raised by Rs0.52.

Separately, the report said global oil prices climbed 2% to levels close to two-week peaks on Monday, with Brent crude futures at $106.76 a barrel. Gains came as attacks on Saudi Arabia outweighed hopes of extra supply, following remarks by President Donald Trump on recent Russian diesel shipments and a Russia-Ukraine truce focused on energy targets. West Texas Intermediate traded at $93.69 per barrel.