Pakistan's federal government cut petrol and diesel prices again on Thursday, November 12 — petrol by Rs3 to Rs332 a litre, down from Rs335, and high-speed diesel by Rs4 to Rs360 a litre, down from Rs364 — the Oil and Gas Regulatory Authority (OGRA) said in its notification. The revised prices take effect on Friday, November 13.

Source: The News International, Nov 12, 2026

It is the eighth consecutive reduction since Pakistan moved to a daily fuel-price review, Pakistani media reported, and petrol is now about Rs46 a litre cheaper than its level two weeks ago. Wednesday's revision had already cut petrol by Rs3 to Rs335 and diesel by Rs7 to Rs364. Yaani: a driver filling a 40-litre tank pays about Rs1,840 less than two weeks ago.

How the new pricing works

OGRA said the revised prices were determined under the petroleum products pricing mechanism approved by the federal government, and the authority has begun publishing daily petroleum prices on its website so that changes in international oil prices reach consumers more quickly. The News reported the cut gives modest relief to consumers amid fluctuating global oil markets.

Source: Islamabad Post, Nov 12, 2026

The relief comes with a large tax wedge still in place. Pakistani media reports put taxes and duties at about Rs114 a litre on petrol and Rs100 a litre on diesel, figures the government has not changed in this round. Transporters and farmers, for whom diesel is the main working fuel, are the biggest direct beneficiaries of the diesel cut.

Awaaz Punjab has tracked the slide through the month: petrol stood at Rs346 a litre on November 7. Whether the run of cuts continues now depends on the direction of international prices, which rose again on Thursday after tanker explosions in the Strait of Hormuz.