ISLAMABAD: The government has reduced the petrol price by Rs8 per litre to Rs338 for November 11, 2026, providing some relief to millions of motorcycle owners, motorists and households facing rising transportation expenses.
According to the Oil and Gas Regulatory Authority (OGRA), the revised petroleum prices have been determined under the pricing mechanism approved by the federal government.
The petrol price has been reduced from Rs346 to Rs338 per litre, while high-speed diesel (HSD) has also been cut by Rs7 per litre to Rs371 from Rs378.
Petrol is one of the most widely used fuels in Pakistan, particularly among motorcycle owners, private vehicle users, rickshaw operators and small businesses relying on petrol-powered vehicles.
The Rs8 per litre reduction will lower fuel expenditure for commuters who use motorcycles and cars for travelling to workplaces, educational institutions, markets and other destinations.
For motorcycle owners, who frequently purchase petrol in smaller quantities, the reduction could help ease daily commuting expenses. Private vehicle users and commercial operators using petrol-powered vehicles will also benefit from the lower rate.
The cut in HSD prices is also expected to provide some relief to public transport operators and businesses involved in goods transportation, as diesel is extensively used in buses, trucks and commercial vehicles.
However, any reduction in public transport fares and prices of goods will depend on whether operators and suppliers transfer the benefit of lower fuel costs to consumers.
The revised prices of petrol and HSD will remain applicable for November 11, 2026, according to OGRA.