Petrol, Diesel Prices Fall Again: How Much Cheaper Is Fuel After Two Straight Cuts?

Petrol and diesel prices have fallen again, giving consumers another reduction after the government revised fuel rates for September 30.

Petrol has been reduced by Rs1.49 per litre, while high-speed diesel (HSD) has dropped by Rs2.73. As a result, petrol will now cost Rs387.54 per litre, while diesel will be available at Rs402.24 per litre.

The revised rates will remain effective for Wednesday, September 30, 2026, under the government’s daily fuel pricing mechanism.

The latest reduction marks the second consecutive cut in petrol and diesel prices within two days.

New Petrol and Diesel Prices

The government announced the revised rates through a Petroleum Division notification issued on Tuesday.

Under the new rates, petrol has fallen from Rs389.03 to Rs387.54 per litre. Meanwhile, the price of high-speed diesel has dropped from Rs404.97 to Rs402.24 per litre.

The Oil and Gas Regulatory Authority (OGRA) determined the revised rates under the petroleum pricing mechanism.

The Petroleum Division subsequently issued the notification for the latest prices.

The ministry said the adjustment reflected developments in the international market. These included changes in Platts rates, premiums and other incidental costs.

Second Consecutive Fuel Price Cut

The latest reduction follows another cut announced by the government on Monday. On September 28, petrol became cheaper by Rs2.27 per litre, falling to Rs389.03. At the same time, diesel prices declined by Rs3.56 per litre to Rs404.97.

Therefore, the two consecutive revisions have brought a larger overall reduction in fuel prices. Petrol has become Rs3.76 per litre cheaper across the two reviews.

Meanwhile, the cumulative reduction in diesel prices has reached Rs6.29 per litre. The back-to-back cuts come amid daily revisions in domestic fuel prices.

Global Oil Prices Also Decline

International oil prices also moved lower on Tuesday as markets focused on improving crude supply prospects. Investors were watching signs of recovering crude exports from the Middle East.

However, concerns remained over possible supply disruptions linked to the US-Israeli war on Iran. Brent crude futures fell $1.38, or 1.3%, to $103.88 a barrel.

Meanwhile, US West Texas Intermediate (WTI) crude declined $2.04, or 2.2%, to $90.58.  Saudi Arabia has also resumed crude and refined-product loadings from its Red Sea port of Yanbu.

The move followed the restoration of the East-West Pipeline. Consequently, markets have seen expectations of higher regional oil exports.

Despite Tuesday’s decline, Brent remained on track for a monthly gain of about 15%. WTI, meanwhile, was heading towards a monthly gain of around 5.7%.

How Have Fuel Prices Changed Under Daily Revisions?

The latest figures show that fuel prices have changed sharply since daily pricing began. Petrol has increased by Rs76.83 per litre since the start of the daily fuel rate updates.

During the same period, diesel has risen by Rs78.94 per litre. However, the latest two revisions have reversed part of the recent increase.

The following rates show how petrol and diesel prices changed during September:

What Are the Latest Fuel Rates?

With the latest revision, petrol is now priced at Rs387.54 per litre. High-speed diesel, meanwhile, costs Rs402.24 per litre.

The new prices apply only for Wednesday, September 30, 2026. The latest cuts follow two consecutive reductions and bring the cumulative decrease to Rs3.76 for petrol. For diesel, the combined reduction has reached Rs6.29 per litre across the two latest reviews.

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