Government reduces petrol and high-speed diesel prices effective November 3, 2026.

The Oil and Gas Regulatory Authority announced a price cut for petroleum products, reducing high-speed diesel by Rs7.76 per litre and petrol by Rs3.40 per litre. This adjustment may influence inventory valuations and margins across oil marketing and refining companies.

Possible impact on PSX shares

• PSO Pakistan State Oil Company Limited▼ Could be negative

  PSO could face negative inventory losses on its petroleum product stocks following the notified price reduction by the government.

  Price when this was written: Rs 347.15 · Live price, chart and results

• ATRL Attock Refinery Limited▼ Could be negative

  Attock Refinery may experience lower revenue realization on refined products as retail prices for diesel and petrol are adjusted downwards.

  Price when this was written: Rs 979.95 · Live price, chart and results

• PRL Pakistan Refinery Limited▼ Could be negative

  Pakistan Refinery could see negative impacts on its refining margins following the government-mandated cut in petroleum product prices.

  Price when this was written: Rs 87.26 · Live price, chart and results

• NRL National Refinery Limited▼ Could be negative

  National Refinery may face downward pressure on earnings as lower retail prices for diesel and petrol take effect across the market.

  Price when this was written: Rs 499.90 · Live price, chart and results

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Business Recorder: Govt reduces diesel price by Rs7.76, petrol by Rs3.40 per litre