Govt drops petrol price by Rs9.41, diesel by Rs5.56 per litre

The government has lowered petrol to Rs352.59 per litre and high-speed diesel to Rs382.25, with the new rates applying from November 6, 2026. Business Recorder reported that the reductions are Rs9.41 and Rs5.56 per litre, respectively, and were announced by OGRA through a press release. The authority said the revisions followed the pricing formula approved by the federal government.

The latest adjustment follows another cut on Wednesday, when petrol was reduced by Rs7.06 to Rs362.00 per litre and diesel by Rs3.71 to Rs387.81. In international markets, Brent crude rose by $2.19, or 2.3%, to $96.81 a barrel on Thursday, while US West Texas Intermediate gained $1.32, or 1.5%, to $89.44. The report linked traders’ attention to uncertainty over the course of the US-Israeli war with Iran and the outcome of US midterm elections.