{"id":2584,"date":"2026-10-13T00:03:53","date_gmt":"2026-10-12T19:03:53","guid":{"rendered":"https:\/\/ipp-news.com\/?p=2584"},"modified":"2026-10-13T00:03:53","modified_gmt":"2026-10-12T19:03:53","slug":"government-cuts-petrol-price-raises-diesel-rate","status":"publish","type":"post","link":"https:\/\/ipp-news.com\/?p=2584","title":{"rendered":"Government cuts petrol price, raises diesel rate"},"content":{"rendered":"<div>\n<p><strong>The government on Monday reduced the price of petrol by Rs2.93 to Rs395.37 per litre while increasing the price of high-speed diesel (HSD) by 61 paisa to Rs396.85 per litre for Tuesday, October 13, 2026.<\/strong><\/p>\n<p>The Oil and Gas Regulatory Authority (OGRA) revised the ex-depot prices of petroleum products under the federal government\u2019s pricing mechanism, according to a notification issued by the Petroleum Division.<\/p>\n<p>Petrol was previously priced at Rs398.30 per litre, while diesel cost Rs396.24 per litre.<\/p>\n<p>The revised rates will remain in effect for October 13.<\/p>\n<p>The Petroleum Division said the price adjustments were based on the government\u2019s prescribed mechanism, which takes into account global market developments, including Platts rates, premiums and incidental costs.<\/p>\n<figure class=\"media  w-full sm:w-full  media--center    media--uneven  media--stretch\" data-original-src=\"https:\/\/ipp-news.com\/wp-content\/uploads\/2026\/10\/1223423701a28f0.webp\">\n<div class=\"media__item  \"><picture><img decoding=\"async\" src=\"https:\/\/ipp-news.com\/wp-content\/uploads\/2026\/10\/1223423701a28f0.webp\" alt=\"\"><\/picture><\/div>\n<\/figure>\n<p>On Friday, the government had reduced the petrol price by 66 paisa to Rs398.30 per litre while increasing the HSD rate by 52 paisa to Rs396.24 per litre.<\/p>\n<p><strong>Global oil prices climb<\/strong><\/p>\n<p>Meanwhile, international oil prices rose around 2% on Monday, reaching near two-week highs as attacks on Saudi Arabia overshadowed prospects of increased supplies following US President Donald Trump\u2019s remarks about fresh Russian diesel exports and a Russia-Ukraine ceasefire covering energy infrastructure.<\/p>\n<p>Brent crude futures rose $2.04, or 2%, to $106.76 a barrel by 11:07am EDT (1507 GMT), their highest level since September 29.<\/p>\n<p>US West Texas Intermediate (WTI) crude gained $1.84, or 2%, to $93.69 a barrel.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The government on Monday reduced the price of petrol by Rs2.93 to Rs395.37 per litre while increasing the price of high-speed diesel (HSD) by 61 paisa to Rs396.85 per litre for Tuesday, October 13, 2026. The Oil and Gas Regulatory Authority (OGRA) revised the ex-depot prices of petroleum products under the federal government\u2019s pricing mechanism, according to a notification issued by the Petroleum Division. Petrol was previously priced at Rs398.30 per litre, while diesel cost Rs396.24 per litre. The revised rates will remain in effect for October 13. The Petroleum&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-2584","post","type-post","status-publish","format-standard","hentry","category-english"],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/2584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2584"}],"version-history":[{"count":0,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/2584\/revisions"}],"wp:attachment":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}