Petrol Price Today: Rs335 Per Litre After Seventh Straight Cut

The petrol price today is Rs335 per litre, after the government cut the rate by Rs3 for Thursday, 12 November, in the seventh straight daily reduction.

High-speed diesel fell by Rs7 to Rs364 per litre, according to the notification issued by the Oil and Gas Regulatory Authority (OGRA) late on Wednesday.

The new rates took effect from Thursday morning at fuel stations across the country.

Wednesday's decision followed a bigger cut a day earlier, when petrol had fallen by Rs8 and diesel by Rs7 in a single day.

Petrol price today: the new rates in full

Petrol now costs Rs335 per litre, down from Rs338 a day earlier. Diesel now costs Rs364 per litre, down from Rs371.

It is the seventh day in a row that fuel has become cheaper since daily revisions began setting rates every morning.

Since 2 November, the petrol price today stands Rs42.91 lower than the Rs377.91 per litre charged at the start of the month. Diesel has fallen by Rs38.96 from Rs402.96 in the same period.

The fall is a sharp turnaround from earlier this year. Dawn reported that petrol had peaked at Rs458.41 per litre on 3 April, after a long climb that began in March.

Why the petrol price today keeps changing

Under the daily mechanism, OGRA reviews prices every day against international benchmarks, instead of waiting for a fortnightly announcement.

That means the petrol price today can move up or down by a few rupees on any morning, depending on global oil markets and the rupee.

OGRA has also started publishing daily petroleum prices on its own website, so consumers can check the notified rate before they fill up.

One caution for drivers: notified prices are ex-depot rates. What you pay at the pump can differ slightly from district to district because of freight costs.

The tax inside the petrol price today

Even after seven straight cuts, a large part of what drivers pay is still tax. The government levies about Rs114 per litre in taxes and duties on petrol, and Rs100 per litre on diesel, Dawn reported.

Under an arrangement announced on 2 November, oil refineries are also contributing to the petroleum levy for 30 days, bearing a combined impact of about Rs15 billion.

Political pressure on the levy continues in the background. Jamaat-e-Islami has said its campaign for petroleum levy relief will continue despite the daily cuts.

What cheaper fuel means for households

Cheaper diesel matters far beyond the pump. Diesel moves trucks, buses and farm machinery, so a lower diesel rate can soften transport fares and food prices over time.

For motorcyclists and small car owners, the separate fuel relief scheme still offers Rs100 off per litre for eligible vehicles, on top of the falling market price.

Transporters in several cities are already facing public pressure to pass the benefit on through lower fares, although fare cuts usually lag behind fuel cuts by weeks.

Petrol price today: common questions

What is the petrol price today in Pakistan? The petrol price today is Rs335 per litre, effective 12 November 2026, after a cut of Rs3 notified by OGRA.

What is the diesel price today? High-speed diesel costs Rs364 per litre from 12 November, down Rs7 from Rs371 a day earlier.

Will the petrol price today fall again tomorrow? Nobody can say for certain. Rates are now revised every day, so the petrol price today can rise or fall with global benchmarks and the exchange rate.

How much tax is included in the price? About Rs114 per litre on petrol and Rs100 per litre on diesel, according to Dawn. The rest covers the cost of the fuel itself, refining, margins and freight.

Where can I check the official rate each day? OGRA now publishes daily petroleum prices on its official website. The rate board at your fuel station must match the notified price for that day.

Drivers who fill up every morning should build a new habit. The petrol price today is no longer fixed for a fortnight, and a two-minute check before leaving home can save real money over a month.