Govt cuts diesel price by Rs7.69, petrol by Rs5.16 per litre

Pakistan’s Ministry of Energy announced cuts to the ex-depot prices of high-speed diesel (HSD) and petrol, effective October 20, 2026, Mettis Global reported. The stated reductions are Rs7.69 per litre for HSD and Rs5.16 per litre for petrol, following a price revision by the Oil and Gas Regulatory Authority (OGRA) under the federal petroleum pricing mechanism.

The report lists HSD’s new price at Rs389.27 per litre, down from Rs396.96. However, its table shows petrol at Rs381.14 both before and after the revision, despite recording a Rs5.16 reduction; the published figures are therefore inconsistent. The report attributes the revision to changes in global factors, including Platts rates, premiums and incidentals. Changes in regulated fuel prices are relevant to Pakistan’s oil and gas marketing sector and businesses that use petroleum products.