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Petrol Down Rs. 12, Diesel Slashed Rs. 135 — New Fuel Prices Effective April 11

CarDealApril 10, 20264 min read6 views
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Prime Minister Shehbaz Sharif announced another round of fuel price relief on the night of April 10, 2026, with new prices taking effect from April 11. The reduction comes on the back of falling international crude oil prices following a temporary US-Iran ceasefire — and Pakistan's active role in brokering peace talks now being hosted in Islamabad.


New Prices — Effective April 11, 2026

Fuel

Previous Price

New Price

Change

Petrol (MS)

Rs. 378.41/litre

Rs. 366.58/litre

▼ −Rs. 11.83 (~Rs. 12)

High-Speed Diesel (HSD)

Rs. 520.35/litre

Rs. 385.54/litre

▼ −Rs. 134.81 (~Rs. 135)

Kerosene Oil (SKO)

Rs. 467.48/litre

Rs. 450.15/litre

▼ −Rs. 17.33

Light Diesel Oil (LDO)

Rs. 395.00/litre

Rs. 369.72/litre

▼ −Rs. 25.31

Prices are ex-depot rates as notified by the Petroleum Division. For the latest confirmed rates visit CarDeal.pk Fuel Prices.

The Biggest Winner: Diesel

The headline number for most motorists is the Rs. 12 petrol cut, but the real story is diesel. A reduction of Rs. 134.81 per litre on HSD brings diesel from its record high of Rs. 520.35 down to Rs. 385.54 — a 26% single-day drop. Truck operators, farmers, freight companies, and public transport will feel this immediately, and its knock-on effect on the cost of goods and food prices should follow within days.


How Did We Get Here? A Turbulent Two Weeks

To understand today's relief, it helps to rewind to what has been the most volatile fortnight in Pakistan's fuel pricing history.

Date

Event

Petrol

Diesel

Mar 1

Regular fortnight revision

Rs. 266.17

Rs. 280.86

Mar 7

Emergency hike — Strait of Hormuz crisis

Rs. 321.17

Rs. 335.86

Apr 3

Record all-time high — global oil shock

Rs. 458.41

Rs. 520.35

Apr 5

PM cuts petroleum levy by Rs. 80

Rs. 378.41

Rs. 520.35

Apr 11

US-Iran ceasefire relief passed on

Rs. 366.58

Rs. 385.54


The April 3 hike — driven by Brent crude surging past $130 per barrel after the US-Israel military strikes on Iran disrupted Strait of Hormuz shipping — was the largest single-day increase in Pakistan's recorded history. Petrol jumped by Rs. 137.24 in one notification. Public backlash was immediate, with protests in Rawalpindi and Islamabad. Within 36 hours, PM Shehbaz Sharif reversed Rs. 80 of the hike by cutting the petroleum levy.

Now, with a US-Iran ceasefire in place and Brent crude retreating sharply — down around 13–15% from its peak — the government has passed on a further reduction. The PM cited his rejection of a proposal to redirect the fuel savings into government expenditure, insisting the full benefit go to the public.


What Does This Mean for Drivers?

Petrol is still significantly higher than it was on March 1 — Rs. 100 more per litre compared to the pre-crisis rate of Rs. 266.17. The relief today is real, but partial. Anyone filling a 40-litre tank will pay around Rs. 473 less than they did at the April 3 peak — but still Rs. 4,016 more than they would have on March 1.

Diesel, however, has come down sharply enough that transport operators and farmers can expect meaningful cost relief in the days ahead.


What's Next?

The next OGRA review is due around April 16, 2026. With the US-Iran ceasefire holding and international crude continuing to fall, analysts expect a further reduction of Rs. 30–60 per litre is possible if global prices remain where they are. However, the situation remains fragile — any breakdown in ceasefire talks or renewed disruption to the Strait of Hormuz could reverse the trend quickly.

Pakistan has been operating on weekly OGRA reviews since March 7 due to the volatility, replacing the usual fortnightly cycle. That is expected to continue until the Middle East situation stabilises.


For the latest confirmed fuel prices, full price history, and to calculate your trip fuel cost, visit CarDeal.pk Fuel Prices.

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