Govt cuts petrol price by Rs5.16 and diesel by Rs7.69 per litre.

danioPSX · 20 October 2026 at 07:01 PKT · based on a report by Business Recorder

The government announced reductions bringing petrol to Rs381.14 per litre and diesel to Rs389.27 per litre effective October 20, 2026, according to the Petroleum Division.

Possible impact on PSX shares

PSO Pakistan State Oil Company Limited▼ Could be negative
Lower retail prices for petrol and diesel may trigger inventory losses on existing fuel holdings for oil marketing companies like PSO in the short term.
Price when this was written: Rs 368.96 · Live price, chart and results

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Business Recorder: Govt cuts petrol price by Rs5.16, diesel by Rs7.69 per litre

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Education only, not investment advice. The likely direction is a reading of the news, not a forecast; prices can move the other way.

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