Big news for every Pakistani household, commuter, and business owner. Prime Minister Shehbaz Sharif on Friday announced a cut of Rs 12 in petrol price and Rs 135 in diesel rate, citing reduction in global oil prices. The new fuel prices take effect from April 11, 2026.After weeks of historic fuel price hikes that shocked the entire country, this reduction brings some much-needed relief to millions of Pakistanis.
Latest Petrol & Diesel Prices in Pakistan , April 11, 2026
Here are the official new fuel rates, effective from midnight April 11:
| Fuel Type | Old Price (Rs/Litre) | New Price (Rs/Litre) | Reduction |
| Petrol (Motor Spirit) | Rs 378.41 | Rs 366.58 | Rs 11.83 |
| High-Speed Diesel (HSD) | Rs 520.35 | Rs 385.54 | Rs 134.81 |
| Kerosene Oil | Rs 467.48 | Rs 450.15 | Rs 17.33 |
| Light Diesel Oil (LDO) | Rs 395.03 | Rs 369.72 | Rs 25.31 |
The Petroleum Division issued a notification reducing petrol prices by Rs 11.83 and diesel by Rs 134.81 per litre, setting new rates at Rs 366.58 and Rs 385.54, respectively. The price of kerosene has been reduced by Rs 17.33 per litre to Rs 450.15, while light diesel oil has been cut by Rs 25.31 to Rs 369.72.
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PM Shehbaz Addresses the Nation
Prime Minister Shehbaz Sharif made the announcement in a televised address to the nation on Friday evening. His message was clear , the relief in global oil prices must go directly to the public, not to government coffers.
The prime minister said he rejected a proposal to divert fuel price relief towards government expenditure and insisted that the full benefit be passed on to the public.
This is a significant statement. It shows the PM was presented with an option to use the savings elsewhere but chose to prioritize citizens instead.
He also used the occasion to brief the nation on Pakistan’s diplomatic achievement. At the beginning of his address, the prime minister briefed the nation on the ceasefire between the United States and Iran.
He said the Gulf region was moving from conflict towards peace talks after both sides agreed to engage in negotiations and de-escalation. Pakistan persuaded both sides to agree to a temporary ceasefire and invited them to Islamabad to resolve their disputes.
How Fuel Prices Got So High: A Timeline
To understand why this reduction matters so much, you need to know how we got here.
The fuel price crisis in April 2026 , step by step:
- February 28, 2026 , US and Israel launch strikes on Iran, killing its Supreme Leader
- Early March , Iran closes the Strait of Hormuz, blocking 20% of global oil supply
- Global oil prices spike to record highs, impacting all oil-importing nations including Pakistan
- April 3, 2026 , Pakistan’s government announces massive fuel hike
- The petrol price was increased by Rs 138 per litre, taking it to Rs 458.40 per litre, while the diesel rate was raised by Rs 184 per litre to Rs 520.35 per litre.
- April 4, 2026 , Public outrage forces partial rollback. PM Shehbaz Sharif revised petrol price to Rs 378 per litre by slashing Rs 80.
- April 8, 2026 , US-Iran ceasefire brokered by Pakistan. Global oil prices begin to fall.
- April 10, 2026 , PM announces fresh cuts. New prices effective April 11.
Why Are Prices Falling Now?
The biggest reason is global. The US-Iran ceasefire , brokered by Pakistan itself , has eased the oil market significantly.
When the Strait of Hormuz was partially blocked, global fuel supplies were disrupted and prices shot up. As peace talks begin and tensions ease, oil markets are responding positively. That drop in international crude prices is now being passed on to Pakistani consumers.
Key reasons behind the April 11 price reduction:
- US-Iran ceasefire reducing geopolitical risk in the Gulf
- Global crude oil prices falling as supply pressure eases
- Pakistani rupee showing relative stability against the US dollar
- Government policy to pass savings directly to the public
- OGRA recommendations reflecting improved international market conditions
What This Means for You
This price reduction is not just numbers on paper. It has a real impact on daily life in Pakistan.
For motorcycle and car owners:
- Petrol is now Rs 11.83 cheaper per litre
- A full 10-litre tank saves you nearly Rs 120
- Daily commuting costs go down immediately
For transport and logistics:
- Diesel dropped by a massive Rs 134.81 per litre
- Truck, bus, and goods transport operators save significantly
- This should translate into lower transport charges over time
For farmers:
- Diesel is critical for tube wells, tractors, and harvesting machinery
- The Rs 135 cut is major relief for Pakistan’s agriculture sector
- Food production costs should ease in coming weeks
For the general public:
- Lower transport costs mean lower prices of goods in markets
- Inflation pressure should reduce gradually
- Household budgets get some breathing room
Diesel: The Biggest Winner in This Reduction
The diesel cut deserves special attention. A drop of Rs 134.81 per litre is enormous. Diesel is the backbone of Pakistan’s economy , it powers trucks, buses, generators, agricultural equipment, and industrial machinery.
When diesel prices went from around Rs 336 to Rs 520 in early April, the entire supply chain felt the shock. Food prices rose. Transport fares jumped. Businesses passed on costs to consumers.
Now that diesel has been brought down to Rs 385.54, there is real hope for economic relief across multiple sectors.
Previous vs New Fuel Prices: Complete History
| Date | Petrol (Rs/Litre) | Diesel (Rs/Litre) |
| Pre-April 2026 | ~Rs 258 | ~Rs 336 |
| April 3, 2026 (hike) | Rs 458.41 | Rs 520.35 |
| April 4, 2026 (partial rollback) | Rs 378.41 | Rs 520.35 |
| April 11, 2026 (latest) | Rs 366.58 | Rs 385.54 |
The diesel reduction from Rs 520.35 to Rs 385.54 is particularly striking. It brings diesel closer to petrol in price , something not seen in a long time.
Will Fuel Prices Drop Further?
Many Pakistanis are asking whether more reductions are coming. The answer depends on a few factors.
Petrol prices in Pakistan are expected to decrease by Rs 30 to 60 per litre further following easing of global oil tensions.
If the US-Iran peace talks in Islamabad succeed and the Strait of Hormuz fully reopens, global oil prices could fall further. That would give the Pakistani government room to cut fuel prices again in the next revision cycle.
OGRA reviews and updates fuel prices on the 1st and 16th of every month. The next revision is expected around April 16, 2026.
Frequently Asked Questions (FAQs)
Q: What is the new petrol price in Pakistan from April 11, 2026? The new petrol price is Rs 366.58 per litre, reduced by Rs 11.83 from the previous rate of Rs 378.41.
Q: What is the new diesel price in Pakistan from April 11, 2026? The new high-speed diesel price is Rs 385.54 per litre, a major reduction of Rs 134.81 from the previous Rs 520.35.
Q: Why did Pakistan cut fuel prices on April 11? PM Shehbaz Sharif cited a reduction in global oil prices , partly due to the US-Iran ceasefire brokered by Pakistan , as the main reason for the cut.
Q: What is the new kerosene oil price in Pakistan? Kerosene oil has been reduced by Rs 17.33 to Rs 450.15 per litre, effective April 11, 2026.
Q: When is the next petrol price revision in Pakistan? OGRA revises fuel prices on the 1st and 16th of every month. The next revision is expected around April 16, 2026.
Q: Will diesel prices fall further in Pakistan? Possibly. If global oil prices continue to fall and the US-Iran ceasefire holds, further reductions are likely in the next OGRA revision cycle.
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