Govt cut petrol price by Rs3.93 to Rs386.30 per litre, leaving diesel unchanged.

The government announced a cut of Rs3.93 per litre in petrol prices from October 17 to October 19, 2026, while high-speed diesel prices were kept unchanged at Rs396.96 per litre.

Possible impact on PSX shares

• PSO Pakistan State Oil Company Limited▼ Could be negative

  A drop in petrol prices might trigger short-term inventory losses on existing fuel stocks, though unchanged diesel prices could cushion the impact.

  Price when this was written: Rs 368.04 · Live price, chart and results

• APL Attock Petroleum Limited▼ Could be negative

  Attock Petroleum could see some inventory losses on petrol holding, while steady diesel prices should provide partial stability.

  Price when this was written: Rs 534.84 · Live price, chart and results

• SHEL Shell Pakistan Limited▼ Could be negative

  Shell Pakistan could face mild inventory losses following the petrol price reduction, while diesel price stability limits broader downside.

  Price when this was written: Rs 185.01 · Live price, chart and results

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Business Recorder: Govt reduces petrol price by Rs3.93, keeps diesel unchanged