ISLAMABAD (Kashmir English): The federal government on Thursday cut the petrol price and hiked the diesel price for October 16, 2026.
According to the notification issued by the Petroleum Division, the price of petrol was reduced by Rs3.63 per liter and high-speed diesel (HSD) was raised by Rs0.31 per liter.
“The Oil and Gas Regulatory Authority (OGRA) has revised the ex-depot prices of the petroleum products for October 16, 2026,” the notification stated.
With the latest revision, the new price of petrol has been fixed at Rs390.23 per liter and diesel at Rs396.96 per liter.
On October 13, the Oil and Gas Regulatory Authority (OGRA) hiked the petrol price to Rs393.86 per liter and reduced the diesel price to Rs396.65 per liter.
The revised prices are in line with the government’s ongoing policy of issuing fuel prices on a daily basis from Monday to Friday based on international oil markets.
