Petrol Price in Pakistan Today, November 11, 2026: Petrol Rs338, Diesel Rs371 After Rs8 and Rs7 Cut

By Bilal Ahmed | Updated: November 11, 2026

Petrol price in Pakistan today, November 11, 2026, is Rs338 per litre after a cut of Rs8, while high-speed diesel (HSD) costs Rs371 per litre after a cut of Rs7. The Oil and Gas Regulatory Authority (OGRA) issued the new notification late on Tuesday, November 10, and the revised rates apply for Wednesday, November 11, under the government’s daily fuel-pricing mechanism.

If you are filling your tank today, this is the second relief in less than a week. Petrol was already cut by Rs6.59 a litre on November 7, so in the space of four days the pump price of petrol has come down by Rs14.59 in total. Diesel, meanwhile, has fallen by Rs11.25 over the same two revisions. For a motorcycle rider or a family running a small car, that is real money back in the pocket — and for transporters, the cheaper diesel should, in time, ease freight costs too.

Key Facts: Petrol and Diesel Prices, November 11, 2026

New Petrol and Diesel Prices for November 11

The headline numbers are simple. Petrol is down from Rs346 to Rs338 a litre, a reduction of Rs8. High-speed diesel is down from Rs378 to Rs371, a reduction of Rs7. Both cuts were confirmed in OGRA’s notification on the night of November 10, and every major newsroom — Dawn, Express Tribune, ARY News, Geo and The Nation — reported the same new rates.

One word of caution for readers checking other websites: a single line in Geo’s report mistakenly repeated the old diesel figure of Rs378 in its text, but Geo’s own published rate table, and every other outlet, confirms diesel at Rs371. If a pump or a social media post quotes Rs378 for diesel today, it is using the old price.

The revised prices took effect from midnight on November 10 and apply for November 11. Because fuel prices are now reviewed daily, do not assume these rates will still hold on November 12 — a fresh notification is expected every day, and the price can move up or down with international oil markets.

Second Cut in Five Days

This is not a one-off adjustment. On November 7, the government had already cut petrol by Rs6.59 a litre and diesel by Rs4.25, fixing petrol at Rs346 and diesel at Rs378 for November 7 to 10. The November 11 revision is the second cut in the same week, and it extends the relief rather than reversing it.

Put the two cuts together and the picture is clearer: petrol has fallen from Rs352.59 before November 7 to Rs338 today, and diesel from Rs382.25 to Rs371. That is a meaningful drop in under a week, and it comes at a time when fuel costs feed directly into everything from bus fares to the price of vegetables moved by truck.

For the full picture of how the last revision played out, see our report on the November 7 petrol price cut to Rs346.

Why Did Petrol Prices Fall?

The immediate reason is an arrangement announced on November 2 under which oil refineries are bearing a cumulative Rs15 billion petroleum-levy impact over 30 days. According to the government, that arrangement makes room for a reduction of Rs14.71 a litre in the petrol price at the consumer end. The two cuts since November 7 — Rs6.59 and now Rs8 — add up to almost exactly that figure.

Behind that is the bigger shift in how Pakistan now sets fuel prices. Since July 17, 2026, the government has been revising petroleum prices on a near-daily basis instead of the old fortnightly or weekly cycle, so that changes in international oil prices reach consumers faster. The federal cabinet approved changes to the pricing formula on October 30, under which the import price of petrol is worked out from the actual import cost of the relevant PSO cargo, and refinery premiums have been temporarily fixed at pre-war March 7, 2026 levels for 30 days.

The backdrop is the volatility in global oil markets since the renewed US–Iran hostilities that began in late February 2026, when the conflict pushed oil prices up and raised concerns about supplies through the Strait of Hormuz. That same volatility is why the government moved to daily pricing in the first place: when world prices swing sharply, a fortnightly system leaves consumers paying stale prices for too long.

How Much Tax Are You Paying on Every Litre?

Even after this cut, taxes and duties remain a large part of what you pay at the pump. According to Dawn, the government continues to levy Rs114 per litre in taxes and duties on petrol and Rs100 per litre on diesel. That means more than a third of the Rs338 petrol price is tax, not fuel.

This is the part of the price that does not move when world oil prices fall. It is also why a big drop in international crude does not always translate into an equally big drop at the pump. We have broken down the full tax structure — petroleum levy, customs duty and sales tax — in our detailed guide to the petrol price tax breakdown in Pakistan.

What This Means for Motorists and Transporters

Petrol is mainly used in private transport — cars, motorcycles, rickshaws and small vehicles — so this cut lands directly on middle- and lower-middle-class households. A motorcycle owner who buys 20 litres in a month saves Rs160 on petrol alone from today’s cut, and Rs291.80 over the two cuts since November 7. A car owner filling a 40-litre tank saves Rs320 today, and Rs583.60 across both cuts.

Diesel matters even more for the wider economy. It powers trucks, buses, tractors, power plants and large generators, so a Rs7 cut should, if it holds, help slow the rise in freight and transport costs. Whether bus and truck fares actually come down depends on whether the relief continues — a single day’s cut is welcome, but transporters set fares on the trend, not on one notification.

Petrol and diesel are also the government’s biggest revenue earners among petroleum products, with monthly sales of roughly 700,000 to 800,000 tonnes, compared with only about 10,000 tonnes of kerosene. That is why every price decision is watched so closely in Islamabad: each rupee of relief is real money for consumers, and each rupee of levy is real money for the treasury.

Fuel Relief Scheme Still in Place for Small Vehicles

Alongside the price cuts, the Prime Minister’s Fuel Relief Scheme, rolled out on September 17, continues to offer targeted help to owners of motorcycles, rickshaws and cars with engines up to 800cc. The scheme was announced as Rs100 per litre off petrol for these small vehicles, covering an estimated 11.8 million beneficiaries — around 10 million two-wheeler users and 800,000 three-wheeler users entitled to relief on 20 litres a month (worth up to Rs2,000 a month each), plus about one million owners of cars up to 800cc entitled to relief on 30 litres a month (worth up to Rs3,000 each).

If you own a motorcycle or an 800cc car and have not checked your eligibility, the relief scheme stacks on top of today’s lower pump price, so it is worth confirming your status rather than assuming the headline rate is all you get.

What Happens Next?

The honest answer is: check again tomorrow. Under the daily pricing system, OGRA publishes revised rates every day, and the November 12 notification could keep the price steady, cut it further, or raise it again depending on international markets. The government’s austerity measures announced alongside the price moves — markets closing by 9pm and a 50 percent cut in fuel allocations for official vehicles for three months — are a reminder that the pressure on fuel supplies has not gone away.

For now, though, the direction is good. Two cuts in five days, petrol back at Rs338, diesel at Rs371, and a pricing system that passes world-market changes to the pump within a day. Keep an eye on our petrol price in Pakistan page, where we track every revision as it is announced, so you always know the rate before you reach the pump.

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