The federal government has cut fuel prices again, with petrol falling by Rs3 a litre to Rs335 and high-speed diesel (HSD) dropping by Rs7 a litre to Rs364, with the new rates taking effect on Thursday, 12 November 2026. The Oil and Gas Regulatory Authority (OGRA) issued the notification late on Wednesday, 11 November, under the government's daily fuel-price review.

Petrol was previously priced at Rs338 a litre, while high-speed diesel stood at Rs371 a litre. The revised rates apply for 12 November only, replacing the rates announced for the previous day, in line with the practice of issuing fresh fuel prices each working day based on movements in international oil markets.

What the new prices mean for motorists

The cut brings some further relief to motorists, commuters and transport operators, for whom fuel is one of the largest day-to-day costs. Petrol powers most private cars and motorcycles in Pakistan, while high-speed diesel is the main fuel for trucks, buses and agricultural machinery, so changes in the diesel price feed quickly into the cost of moving goods and people.

A lower diesel price can ease pressure on transport fares and freight charges, which in turn affect the prices of food and other goods carried by road. For households, the petrol cut trims the cost of daily commuting at a time when many families are already managing tight budgets.

How fuel prices are set

Fuel prices in Pakistan are revised on a daily basis from Monday to Friday, with OGRA notifying the ex-depot prices of petroleum products each day. The rates are worked out from international oil prices and the exchange rate, and they remain in force for that day before being replaced by the next revision.

The latest reduction continues the downward trend in fuel prices seen in recent days. Prices had also been cut for 11 November, when petrol was fixed at Rs338 a litre and diesel at Rs371 a litre, and the new notification extends that relief for another day.

What to watch next

Because prices are now reviewed daily, the rates announced for 12 November will be superseded by the next notification, and motorists should check the latest OGRA rates before filling up. Any sharp move in international crude prices or in the rupee-dollar exchange rate would show up in the following day's prices.

For now, the message for consumers is straightforward: petrol is Rs335 a litre and high-speed diesel is Rs364 a litre on Thursday, 12 November 2026, down Rs3 and Rs7 respectively from the previous day.

Sources: Pakistan Today and Bloom Pakistan.