Petrol cut by Rs3.4 and diesel by Rs7.76 for November 3
Petrol falls Rs3.4 to Rs374.51 and diesel Rs7.76 to Rs395.20 for November 3, as the government says refineries will absorb Rs15bn a month to hold prices down.
Petrol price: 8 The Indus Compass stories. Latest: Petrol cut by Rs3.4 and diesel by Rs7.76 for November 3. Key developments, background and analysis.
8 stories on petrol price since 29 September 2026; the latest was published on 2 November 2026.
Petrol falls Rs3.4 to Rs374.51 and diesel Rs7.76 to Rs395.20 for November 3, as the government says refineries will absorb Rs15bn a month to hold prices down.
The cabinet changed how petrol is priced: import prices will follow actual PSO cargo costs and refinery premiums freeze at March 7 levels for 30 days.
Growth Securities expects 10pc inflation in October and a 50-100bps rate rise on October 26, while AKD Securities sees the State Bank holding rates.
The government cut petrol by Rs2.71 to Rs379.31 a litre and raised high-speed diesel by 31 paisas to Rs390.11 for October 22 under daily pricing.
The government raised petrol by Rs2.31 to Rs398.96 a litre and high-speed diesel by 78 paisas to Rs395.72 for October 9, under the daily pricing system.
Petrol now costs Rs393.64 a litre and diesel Rs397.76 for Tuesday, under Pakistan's daily pricing system, with taxes of Rs114 and Rs100 a litre still in place.
Petrol now costs Rs387.54 a litre and diesel Rs402.24 from today, the second cut in two days as world oil prices ease and Saudi exports recover.
Deputy PM Ishaq Dar reviewed the PM's fuel relief scheme, under which 7.6 million motorcycle, rickshaw and small-car owners have registered for Rs100 a litre off.