Petrol Falls to Rs338 and Diesel to Rs371 for November 11

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Umar Salman
Umar Salmanhttps://pakistanibano.com
Umar Salman is the editor and publisher of PakistaniBano, covering Pakistan news, cricket, business, technology and entertainment.

Petrol will sell at Rs338 per litre and high-speed diesel at Rs371 per litre on Wednesday, November 11, after the government announced another cut in fuel prices.

The Oil and Gas Regulatory Authority (OGRA) issued the revised rates late on Tuesday, November 10. Petrol is down by Rs8 per litre and diesel by Rs7 per litre from the rates in force since November 7.

What happened?

OGRA notified the new ex-depot prices under the petroleum products pricing mechanism approved by the federal government. The revised rates apply for November 11 under the daily fuel pricing mechanism.

The latest cut follows the November 7 revision, which had brought petrol to Rs346 per litre and diesel to Rs378 per litre.

Key details

  • Petrol: Rs346 down to Rs338 per litre, a cut of Rs8 per litre.
  • High-speed diesel: Rs378 down to Rs371 per litre, a cut of Rs7 per litre.
  • The new prices take effect on November 11, 2026, and apply for that day under the daily pricing mechanism.
  • Consumers continue to pay Rs114 per litre in taxes and duties on petrol and Rs100 per litre on diesel.
  • Under an arrangement announced on November 2, oil refineries will collectively absorb an estimated Rs15 billion over 30 days by contributing towards the petroleum levy.

What it means for people in Pakistan

Cheaper petrol lowers commuting costs for motorists and motorcycle riders, while cheaper diesel can ease freight and transport costs for businesses and farmers. Whether the relief reaches household budgets depends on transporters and traders passing the savings on in fares and prices.

Source: https://www.dawn.com/news/2043557/govt-slashes-petrol-price-by-rs8-per-litre-high-speed-diesel-by-rs7-in-another-reduction

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