New Prices Take Effect From 7 November
Petrol and diesel prices in Pakistan have been cut again, with the new rates taking effect from 7 November 2026. The Oil and Gas Regulatory Authority, OGRA, announced the reduction on Friday 6 November, confirming that petrol would fall by Rs6.59 per litre and high-speed diesel by Rs4.25 per litre. The revised prices will remain in force from 7 November to 10 November 2026.
Under the new prices, petrol will now cost Rs346 per litre, down from Rs352.59 per litre. High-speed diesel will now cost Rs378 per litre, down from Rs382.25 per litre. The announcement was made on Friday and applies from the following day. The period covered by the announcement runs to 10 November, and OGRA has linked that end date to the public holiday on 9 November, with the prices held until 10 November because of that holiday.
Fifth Consecutive Daily Reduction
This is the fifth consecutive daily reduction in fuel prices. That sequence matters because it shows a pattern rather than a single one-off change. Each day in the sequence has brought a lower price than the day before, and the latest cut continues that run.
The previous day’s cut, which took effect on 6 November, was larger than the latest one. On that occasion, petrol was cut by Rs9.41 per litre and diesel was cut by Rs5.56 per litre. The cut announced on Friday 6 November, for effect from 7 November, is therefore smaller than the cut that took effect the day before, but it still moves prices down again. Taken together, the two cuts mean prices have fallen on consecutive days, with the 6 November cut followed immediately by the 7 November cut.
Daily Prices Now Published by OGRA
OGRA has begun publishing daily petroleum prices on its own website. That change is important for how the public learns about fuel prices, because it means the daily rate is available directly from the regulator. Instead of waiting for a longer cycle, consumers can check the regulator’s own publication for the price that applies on a given day.
The move to daily publication fits with the pattern of daily reductions described above. When prices are changing every day, a daily publication makes the current price easier to follow. The regulator’s website is now the place where the daily petroleum prices are published, according to the reports of the announcement, and the latest cut was announced in that context.
The publication of daily prices also makes the process more transparent in a practical sense. A motorist, a transport operator, or a business that uses diesel can look for the rate that applies on the day in question, rather than relying only on reports of an announcement. The latest cut, with its stated effective dates, is part of that daily sequence.
Pricing Mechanism Changed in October
The latest cut comes after a change to the way petrol prices are set. The federal cabinet approved changes to the petrol pricing mechanism on 30 October. That approval came before the recent sequence of daily cuts, and it forms part of the background to the current announcements.
The cabinet decision on 30 October concerned the mechanism itself, rather than the price on any single day. It is the framework within which the subsequent daily announcements have been made. The reports of the latest cut note that cabinet approval as part of the background, and they link the current pattern of daily prices to that earlier decision.
In practical terms, the sequence now is clear: the cabinet approved changes to the mechanism on 30 October, OGRA has begun publishing daily petroleum prices on its own website, and the regulator has announced a series of daily reductions, with the latest taking effect from 7 November. The new prices are Rs346 per litre for petrol and Rs378 per litre for diesel, and they apply from 7 November to 10 November 2026.
Source: Dawn, APP/UrduPoint, 24NewsHD, The Nation
