Petrol cut by Rs8 and diesel by Rs7 per litre for November 11
The government has cut petrol to Rs338 per litre and high-speed diesel to Rs371 from November 11. The reduction was notified on Tuesday under the daily pricing mechanism.
- Petrol is down Rs8 per litre to Rs338 from November 11.
- High-speed diesel is down Rs7 per litre to Rs371.
- ProPakistani described it as the sixth day in a row of falling petrol prices.
The federal government has reduced the price of petrol by Rs8 per litre and of high-speed diesel (HSD) by Rs7 per litre, with the new rates applying to November 11, 2026. The decision was announced on Tuesday.
According to a Petroleum Division notification, petrol is fixed at Rs338 per litre and HSD at Rs371 per litre for Wednesday. The Oil and Gas Regulatory Authority (OGRA) also issued a notification on the revised prices, according to Associated Press of Pakistan.
The previous revision cut petrol by Rs6.59 per litre and HSD by Rs4.25 per litre for the period from November 7 to November 10, The Express Tribune reported.
ProPakistani described the latest cut as the sixth day in a row of falling petrol prices. Daily Pakistan reported that petrol has dropped by Rs60.30 per litre over the past 30 days.
The Express Tribune noted that the government introduced a daily pricing mechanism on July 17, replacing the weekly one. On November 2, the government announced that oil refineries would bear a burden of Rs15 billion per month, and under that arrangement petrol would be sold Rs15 cheaper than its global market price.
The newspaper also recalled a relief scheme announced by Prime Minister Shehbaz Sharif on September 13, giving Rs100 per litre off petrol for motorcycles, three-wheeler rickshaws and cars up to 800cc. It was estimated to cover 11.8 million beneficiaries.
Around 10 million two-wheeler users and 800,000 three-wheeler users would get relief on 20 litres per month, up to Rs2,000 each. One million users of cars up to 800cc would get relief on 30 litres per month, up to Rs3,000 each.
The Express Tribune added that on September 17 the government reintroduced austerity and fuel conservation measures. Shops and markets close by 9pm, marriage halls by 10pm, and restaurants may stay open until 11pm, while takeaway and home delivery are exempt.
Background
khabr.pk reported on 2 November that the government changed the petrol pricing mechanism so refineries hand over the gap between import and ex-refinery prices as petroleum levy. It then reported petrol at Rs374.51 per litre and diesel at Rs395.20 for November 3. Petrol fell to Rs362 on November 5 and Rs352.59 on November 6, and khabr.pk recorded it at Rs346 on November 7. Diesel was Rs382.25 on November 6 and Rs378 on November 7.
Why it matters for Pakistan
Fuel prices feed into transport costs and the prices of goods across Pakistan. Petrol at Rs338 is Rs36.51 below the Rs374.51 reported for November 3, and diesel at Rs371 is Rs24.20 below the Rs395.20 reported that day. Motorcyclists, rickshaw drivers and owners of small cars are also the groups covered by the Rs100 per litre relief scheme. Shopkeepers and restaurant owners continue to work under the evening closing times.
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