Govt cuts petrol price by Rs7.06, diesel by Rs3.71 per litre

The government has lowered petrol by Rs7.06 per litre to Rs362.00 and high-speed diesel by Rs3.71 to Rs387.81, effective November 5, 2026. Business Recorder reported that OGRA announced the revised ex-depot rates on Wednesday under the federal government’s petroleum pricing mechanism.

The new petrol rate compares with Rs369.06 per litre previously, while diesel had been priced at Rs391.52. The latest reductions follow another cut announced on Tuesday, when petrol fell by Rs5.45 and diesel by Rs3.68 per litre; internationally, Brent and US crude prices were also lower during Wednesday’s volatile trading as investors monitored geopolitical developments.