ISLAMABAD: The ex-depot price of petrol has been reduced by Rs3 per litre, bringing the retail price down from Rs338 to Rs335 per litre. Similarly, High-Speed Diesel (HSD) saw a price cut of Rs7 per litre, lowering its rate from Rs371 to Rs364 per litre for November 12.
The regulator attributed these adjustments to global developments alongside changes in Platts pricing, premiums, and incidental costs. International benchmark prices of petrol has decreased to USD 97.12 per bbl from USD 93.55 per bbl, however, premium including freight increased from USD 25.67 to USD 28.76 per bbl, while HSD benchmark prices has decreased to USD 96.33 per barrel from USD 100.57 per bbl.
The ex-refinery price of petrol has decreased to Rs240.65 from Rs241.56 per litre. While the ex-refinery cost of HSD decreased to Rs255.88 per litre (previously Rs263.28).
Government levies and fixed profit margins for petrol and HSD remain unchanged. Both fuels carry a Petroleum Levy of Rs80 per litre, a Climate Support Levy of Rs5 per litre, and profit margins of Rs9.98 per litre for dealers and Rs7.87 per litre for oil marketing companies. The Inland Freight Equalisation Margin (IFEM) is fixed at Rs8.17 per litre for petrol, and Rs5.10 per litre for HSD.
Copyright Business Recorder, 2026
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