{"id":2808,"date":"2026-10-16T23:03:49","date_gmt":"2026-10-16T18:03:49","guid":{"rendered":"https:\/\/ipp-news.com\/?p=2808"},"modified":"2026-10-16T23:03:49","modified_gmt":"2026-10-16T18:03:49","slug":"govt-cuts-petrol-price-keeps-diesel-unchanged","status":"publish","type":"post","link":"https:\/\/ipp-news.com\/?p=2808","title":{"rendered":"Govt cuts petrol price, keeps diesel unchanged"},"content":{"rendered":"<div>\n<p><strong>The government on Friday reduced the price of petrol by Rs3.93 to Rs386.30 per litre while keeping the price of high-speed diesel (HSD) unchanged at Rs396.96 per litre.<\/strong><\/p>\n<p>The revised prices will take effect from October 17 and remain in force until October 19, 2026.<\/p>\n<p>According to a press release issued by the Petroleum Division, the Oil and Gas Regulatory Authority (OGRA) revised the ex-depot prices of petroleum products under the federal government\u2019s petroleum pricing mechanism.<\/p>\n<p>The Petroleum Division attributed the revision to global developments, including changes in Platts rates, premiums and incidentals.<\/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\/162252589bbc765.webp\">\n<div class=\"media__item  \"><picture><img decoding=\"async\" src=\"https:\/\/ipp-news.com\/wp-content\/uploads\/2026\/10\/162252589bbc765.webp\" alt=\"\"><\/picture><\/div>\n<\/figure>\n<p>The latest adjustment will remain effective for three days, covering the weekend.<\/p>\n<p>On Wednesday, the government had reduced the price of petrol by Rs3.63 to Rs390.23 per litre while increasing the price of HSD by Re0.31 to Rs396.96 per litre.<\/p>\n<h3><a id=\"oil-prices-steady-in-global-market\" href=\"https:\/\/english.aaj.tv\/news\/330476805\/govt-cuts-petrol-price-keeps-diesel-unchanged#oil-prices-steady-in-global-market\" class=\"heading-permalink\" aria-hidden=\"true\" tabindex=\"-1\" title=\"Permalink\"><\/a>Oil prices steady in global market<\/h3>\n<p>Meanwhile, global oil prices steadied on Friday and were heading for weekly gains amid uncertainty over Middle East supplies and a larger-than-expected drawdown in US crude inventories.<\/p>\n<p>However, European diesel margins declined following an International Energy Agency (IEA) move to release additional diesel supplies.<\/p>\n<p>Brent crude futures rose by 36 cents, or 0.34%, to $106.28 per barrel, while US West Texas Intermediate (WTI) crude futures fell by 19 cents, or 0.19%, to $97.78 per barrel at 1107 GMT.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The government on Friday reduced the price of petrol by Rs3.93 to Rs386.30 per litre while keeping the price of high-speed diesel (HSD) unchanged at Rs396.96 per litre. The revised prices will take effect from October 17 and remain in force until October 19, 2026. According to a press release issued by the Petroleum Division, the Oil and Gas Regulatory Authority (OGRA) revised the ex-depot prices of petroleum products under the federal government\u2019s petroleum pricing mechanism. The Petroleum Division attributed the revision to global developments, including changes in Platts rates,&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-2808","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\/2808","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=2808"}],"version-history":[{"count":0,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/2808\/revisions"}],"wp:attachment":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}