The government has cut the price of petrol by Rs3 a litre to Rs332 and high-speed diesel by Rs4 to Rs360, with the new rates in force from Friday, 13 November. The Oil and Gas Regulatory Authority (Ogra) notified the revision on Thursday. It is the eighth consecutive daily decrease. Since 17 July, fuel prices have been reviewed almost daily rather than weekly, after renewed fighting between the United States and Iran pushed up global oil prices.

Petrol was Rs335 a litre and diesel Rs364 on Thursday, after cuts of Rs3 and Rs7 respectively the day before. The new rates apply for one day under the daily pricing mechanism, so they can change again at the next revision. The government still levies Rs114 a litre in taxes and duties on petrol and Rs100 a litre on diesel.

Part of the relief comes from an arrangement announced on 2 November under which oil refineries will contribute towards the petroleum levy, bearing a cumulative impact of Rs15 billion over 30 days. Ogra has also begun publishing daily petroleum prices on its website as part of efforts to make the pricing mechanism more transparent.

Sources: Dawn, ‘High-speed diesel price dips by Rs4 per litre, petrol by Rs3’, 12 November 2026 — https://www.dawn.com/news/2044067/high-speed-diesel-price-dips-by-rs4-per-litre-petrol-by-rs3 ; The Express Tribune, ‘Petrol goes down by Rs3, high-speed diesel by Rs4 for Nov 13’, 12 November 2026 — https://tribune.com.pk/story/2639970/petrol-goes-down-by-rs3-high-speed-diesel-by-rs4-for-nov-13?amp=1 ; Business Recorder, ‘Govt cuts petrol price by Rs3, diesel by Rs4 per litre’, 12 November 2026 — https://www.brecorder.com/news/amp/40448447

Photo: Farhan, CC BY 2.0, via Wikimedia Commons