ISLAMABAD: Pakistan’s government on Friday cut petrol prices by Rs2 to Rs330 per litre, while keeping high-speed diesel (HSD) unchanged at Rs360.
According to the Oil and Gas Regulatory Authority (OGRA), the revised rates take effect on Saturday, November 14, and remain valid until November 16, 2026. They were calculated under the federally approved petroleum pricing mechanism.
The cut follows Thursday’s reductions of Rs3 for petrol and Rs4 for diesel. Over the week, petrol fell Rs16, or 4.6%, from Rs346 per litre, while diesel dropped Rs18, or 4.8%, from Rs378.
Since November 2, petrol prices have declined by Rs44.51 per litre and diesel by Rs35.20.
International oil prices
Oil prices were mixed on Friday and headed for a second straight weekly decline. Easing fears of renewed direct conflict involving Iran weighed on prices, though attacks on shipping remained a supply risk.
Markets also remained focused on the US blockade of Iran and broader economic pressure on Tehran.
