ISLAMABAD: Consumers will see slight relief at the pump stations starting November 13 following a reduction in petroleum prices. The ex-depot price of petrol has been slashed by Rs3 per litre, bringing the retail rate down from Rs335 to Rs332. Similarly, the price of High-Speed Diesel (HSD) has been decreased by Rs4 per litre, adjusting the rate from Rs364 to Rs360.
The regulator attributed these adjustments to global developments alongside changes in Platts pricing, premiums, and incidental costs. International benchmark prices of petrol decreased to USD 91.64 per bbl from USD 93.55 per bbl, however, premium including freight increased USD 28.76 per bbl, while HSD benchmark prices decreased to USD 94.16 per barrel from USD 96.33 per bbl.
The ex-refinery price of petrol has decreased to Rs237.31 from Rs240.65 per litre. While the ex-refinery cost of HSD decreased to Rs252.08 per litre (previously Rs255.88).
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