Govt hikes petrol price by Rs1.85 and diesel by Rs1.75 per litre.

The government announced an increase in petroleum and diesel prices effective October 29, 2026, which impacts inventory values and margins for oil marketing companies.

Possible impact on PSX shares

• PSO Pakistan State Oil Company Limited▲ Could be positive

  Higher petroleum and diesel prices may lead to inventory gains on existing stock, supporting near-term earnings for PSO.

  Price when this was written: Rs 362.83 · Live price, chart and results

• APL Attock Petroleum Limited▲ Could be positive

  The upward revision in retail POL prices could improve inventory valuation and operational margins for APL.

  Price when this was written: Rs 537.33 · Live price, chart and results

• SHEL Shell Pakistan Limited▲ Could be positive

  An increase in administered petroleum prices could positively influence inventory values despite recent market fluctuations.

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

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Business Recorder: Govt hikes petrol price by Rs1.85, diesel by Rs1.75 per litre