Petrol cut by Rs6.59 to Rs346, fifth straight fall: Rs31.91 cheaper in a week
Petrol is Rs346 a litre and diesel Rs378 from Saturday, 7 November, until 10 November. Five cuts in a row have taken Rs31.91 off petrol since 31 October.
Petrol in Pakistan now costs Rs346 a litre after a cut of Rs6.59, and high-speed diesel is Rs378 after a Rs4.25 cut, the Oil and Gas Regulatory Authority (OGRA) announced on Friday, 6 November. The new prices apply from Saturday, 7 November, and will stay until Tuesday, 10 November, because Monday, 9 November, is a public holiday, an OGRA spokesperson said.
It is the fifth price cut in a row, and it takes petrol below Rs350 for the first time since early September.
How much cheaper has petrol become?
Our price page tracks every OGRA notice. Since 31 October, when petrol was Rs377.91, the five cuts add up to Rs31.91 a litre:
| From | Petrol (Rs/litre) | Cut | Diesel (Rs/litre) |
|---|---|---|---|
| 31 Oct | 377.91 | 402.96 | |
| 3 Nov | 374.51 | 3.40 | 395.20 |
| 4 Nov | 369.06 | 5.45 | 391.52 |
| 5 Nov | 362.00 | 7.06 | 387.81 |
| 6 Nov | 352.59 | 9.41 | 382.25 |
| 7 Nov | 346.00 | 6.59 | 378.00 |
Diesel has fallen Rs24.96 a litre over the same week. For a motorcyclist filling 10 litres twice a week, that is about Rs640 less a week than at the end of October. For goods transporters, diesel matters more: it drives the cost of moving wheat, vegetables and everything else on trucks.
Why are prices falling so fast?
The government has been revising fuel prices almost every working day since the oil shock caused by the US-Iran war, instead of the usual fortnightly review, with rates left unchanged over weekends. World crude prices have come down sharply this week: Brent had its biggest weekly drop since the pandemic, as the war premium in oil began to unwind. Daily pricing means that fall reaches the pump within days.
The same speed works the other way. If fighting around the Strait of Hormuz flares up again, prices can rise just as quickly, so the Rs346 rate is fixed only until 10 November.
What to check before you fill up
Pumps must charge the OGRA rate from the effective date. If a station charges more, you can complain to OGRA’s helpline or through the Pakistan Citizen’s Portal with the pump’s name, location and receipt.
OGRA is expected to issue the next notice around 10 November. The live rate, with the full history, is always on our petrol price page. This is information for readers, not financial advice.
