Petrol price cut by Rs3.63, diesel rises by Rs0.31 per litre

MG News | October 16, 2026 at 08:22 AM GMT+05:00

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October 16, 2026 (MLN): The Ministry of Energy (Petroleum Division) has revised the ex-depot prices of petroleum products, raising the price of High-Speed Diesel (HSD) by Rs0.31 per litre and reducing the price of Motor Spirit (petrol) by Rs3.63 per litre, effective October 16, 2026.

Based on the petroleum pricing mechanism issued by the Federal Government, the Oil and Gas Regulatory Authority (OGRA) has revised the ex-depot prices of petroleum products for October 16, 2026, as per the following details.

The change in price has been necessitated by global events including changes in Platts rates, premiums, incidentals, etc.

Product	Previous Price (15.10.2026)	New Price (16.10.2026)	Change
High-Speed Diesel (HSD)	Rs396.65	Rs396.96	+Rs0.31
Petrol (MS)	Rs393.86	Rs390.23	-Rs3.63

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