**Petrol drops to Rs332, diesel to Rs360 as government announces one-day fuel relief**
**ISLAMABAD, November 12:** Motorists and transport operators will get a modest one-day relief as the government has reduced petrol and high-speed diesel prices by Rs3 and Rs4 per litre, respectively, bringing their prices down to Rs332 and Rs360 for November 13.
According to a notification issued by the Oil and Gas Regulatory Authority (OGRA) on Thursday, the revised prices will remain applicable for one day under the daily petroleum pricing mechanism.
The reduction offers some relief to households, particularly motorcycle and car users, as well as commercial transporters and farmers who depend heavily on petroleum products for their daily activities.
Petrol is the main fuel used by motorcycles, private cars, rickshaws and other light vehicles. Its price directly affects daily commuting expenses, particularly for middle- and lower-income households that rely on motorcycles and public transport to reach workplaces, educational institutions and markets.
At the reduced rate of Rs332 per litre, a motorcyclist purchasing five litres will save Rs15, while a household buying 20 litres will save Rs60 compared with the previous price of Rs335 per litre.
The reduction in high-speed diesel prices is equally important for the wider economy because diesel is the primary fuel for a large number of trucks, buses, tractors and heavy commercial vehicles.
The latest Rs4 per litre cut will reduce fuel expenditure for transport operators and farmers, although the actual savings will depend on their consumption levels.
Diesel is particularly important for Pakistan’s agricultural economy, as tractors and other diesel-powered machinery are used for land preparation, cultivation, harvesting and transportation of agricultural produce.
Lower diesel prices can also reduce the cost of transporting essential commodities from farms and production centres to wholesale markets and retail outlets. This could help ease inflationary pressures if transporters and businesses pass on the savings to consumers.
However, the latest reduction is unlikely to bring substantial immediate relief to household budgets, as fuel prices are only one component of the overall cost of living. Food prices, electricity and gas bills, rents and other essential expenses continue to place pressure on family incomes.
The government has also maintained a daily petroleum pricing mechanism, under which fuel prices can be revised according to the approved pricing formula and prevailing market conditions.
The latest adjustment follows reductions applicable on November 12, when petrol was cut by Rs3 to Rs335 per litre and diesel by Rs7 to Rs364 per litre.
With the latest notification, petrol will cost Rs332 and high-speed diesel Rs360 per litre on Friday, November 13.
