ISLAMABAD – Petrol prices have been lowered in Pakistan, but motorists are getting only tiny 58-paisa relief as the government announces fresh fuel rates for the next three days.
The federal government has reduced the price of petrol by 58 paisas per litre, bringing it down from Rs342.60 to Rs342.02. The price of High-Speed Diesel (HSD) has also been trimmed by 17 paisas, falling from Rs371.61 to Rs371.44 per litre.
The revised rates were announced by the Ministry of Energy’s Petroleum Division after the Oil and Gas Regulatory Authority (OGRA) reviewed petroleum prices under the government’s existing pricing mechanism.
The new prices will remain in force from Saturday, August 29, until Monday, August 31, 2026.
The latest move comes just days after another marginal reduction. In the previous review, petrol became cheaper by 50 paisas per litre, while HSD was reduced by 19 paisas.
Pakistan’s petrol prices have seen sharp ups and downs throughout this year, largely driven by changes in international oil markets and geopolitical developments.
Prices surged during global oil-market turmoil in April before easing to around Rs327–329 per litre in early August. However, the downward trend did not last, as petrol prices climbed again during the middle of the month, reaching Rs343.10 per litre by August 26.
A subsequent adjustment cut petrol by 50 paisas to Rs342.60 per litre, effective August 28, while HSD was reduced by 19 paisas to Rs371.61. These frequent changes reflect the combined impact of global crude prices, geopolitical tensions and Pakistan’s petroleum pricing mechanism.
Petrol crosses Rs343 in Pakistan as OGRA announces Fresh Fuel Surge
