Govt revises petrol pricing formula to cut refinery premiums for 30 days
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.
Petroleum Division: 5 The Indus Compass stories. Latest: Govt revises petrol pricing formula to cut refinery premiums for 30 days. Key developments…
5 stories on Petroleum Division since 30 September 2026; the latest was published on 2 November 2026.
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.
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.