The Government of Pakistan has announced a reduction in petroleum prices for the next fortnight starting from 16 May 2026. According to a press release issued by the Ministry of Energy (Petroleum Division) on 15 May 2026, the prices of both High-Speed Diesel (HSD) and Motor Spirit (Petrol) have been decreased by Rs5 per litre. New Petroleum Prices in Pakistan Product Old Price (Rs/litre) New Price (Rs/litre) Change High-Speed Diesel (HSD) 414.58 409.58 -5.00 Motor Spirit (Petrol) 414.78 409.78 -5.00
Read MoreTag: diesel
Petrol price slashed by Rs5.66, diesel by Rs1.39 for second half of October
According to a notification issued by the Ministry of Finance, the price of petrol has been reduced by Rs5.66 per litre, while high-speed diesel (HSD) has been cut by Rs1.39 per litre. The new rates will be effective from October 16 to October 31, 2025. Following the revision, the new prices are expected to reflect a modest reduction in transport and commodity costs, offering temporary relief to the public after months of price volatility. Future price movements will likely depend on global crude trends and local currency performance against the…
Read MorePetrol, diesel prices hiked by over Rs4 per litre
Govt revises fuel rates effective October 1, 2025, on OGRA’s recommendation ISLAMABAD: In yet another blow to inflation-hit consumers, the government on Tuesday raised the prices of petroleum products for the first fortnight of October 2025, increasing both petrol and high-speed diesel (HSD) by more than Rs4 per litre. According to a notification issued by the Finance Division, the price of HSD has been increased by Rs4.04 to Rs276.81 per litre, while petrol (MS) will now cost Rs268.68 per litre, up by Rs4.07. The revised prices will take effect from October…
Read MorePetrol, diesel likely to become cheaper by Rs10
ISLAMABAD: The petrol price is estimated to decline by about Rs9-10 per litre on Jan 15 for the next fortnight due to a combination of lower international prices, exchange rate gains and a decline in premium. High-speed diesel (HSD) is also expected to be cheaper by around Rs2 per litre. Informed sources said the prices of all petroleum products had declined in the international market over the past fortnight and the rupee had also gained against the US dollar while the premium on procurement of petrol had also come down.…
Read MoreOMC, dealers’ margin increased by up to 88 paisas
Govt is charging Rs50 per litre petroleum levy on diesel, Rs60 on petrol ISLAMABAD: The government has further increased the margin of oil companies and dealers on petrol and diesel, as a result of which complete relief on petroleum products could not reach the people. In the caretaker government’s first step of providing relief to the inflation-hit people, the prices of petroleum products had been reduced by up to Rs11 per litre, in a first major decline in two months on the back of a strengthened rupee. The new prices…
Read More