Pakistan cuts petrol price to PKR 330; diesel unchanged at PKR 360

Pakistan has reduced the petrol price by PKR 2 per litre to PKR 330 from November 14, while keeping high-speed diesel (HSD) unchanged at PKR 360, according to an Oil and Gas Regulatory Authority (OGRA) notification issued Friday.

What are Pakistan's new petrol and diesel prices?

The revised ex-depot price of petrol is PKR 330 per litre, down from PKR 332, while HSD remains at PKR 360. The changes take effect on November 14 under the petroleum products pricing mechanism approved by the federal government, OGRA said in its notification.

How have domestic fuel prices changed over the week?

Compared with the rates announced on November 7, petrol has fallen by PKR 16 per litre, from PKR 346 to PKR 330, while HSD has declined by PKR 18, from PKR 378 to PKR 360. These represent weekly reductions of 4.6% and 4.8%, respectively.

The latest notification accounts for a further PKR 2 reduction in petrol, while leaving the diesel price unchanged from the November 13 rate.

Why are global oil prices heading for a second weekly decline?

Brent and US West Texas Intermediate (WTI) crude futures were both on track to fall around 2% for the week, marking a second consecutive weekly decline, Reuters reported Friday. The benchmarks had dropped 16% and 13%, respectively, in the previous week.

Brent futures rose 85 cents, or 0.9%, to USD 96.67 a barrel at 1414 GMT, while WTI gained 44 cents, or 0.5%, to USD 89.18.

Prices have been under pressure as Washington focuses on its blockade of Iran and other economic measures, easing concerns about renewed direct military escalation. US President Donald Trump said a deal with Iran was not necessary to end the war.

Signs of weaker US demand have also weighed on the market. Crude and fuel inventories increased last week amid softer demand for refined products and higher oil imports, according to the US Energy Information Administration.

How often does Pakistan revise fuel prices?

Pakistan shifted to daily fuel-price revisions in July 2026, with OGRA responsible for setting prices in line with international market trends. The latest notification is therefore a daily adjustment, while the comparison with November 7 shows the net movement over the week.