Pakistani government announced cut in petroleum prices, bringing relief to consumers by lowering rates of both petrol and high-speed diesel from August 4, 2026.
A notification shared by Ministry of Energy (Petroleum Division) said the revised prices were approved under the federal government’s petroleum pricing mechanism, with the Oil and Gas Regulatory Authority (OGRA) notifying the new ex-depot rates. Under the latest revision, the price of Motor Spirit (MS), commonly known as petrol, has been reduced by Rs4.08 per litre, bringing the new ex-depot price down to Rs331.95 per litre from the previous Rs336.03 per litre.
New Petrol Prices
| Product | Old Price | New Price | Change |
|---|---|---|---|
| Motor Spirit (Petrol) | 336.03 | 331.95 | -Rs4.08 |
| High-Speed Diesel (HSD) | 392.38 | 389.93 | -Rs2.45 |
Similarly, the price of High-Speed Diesel (HSD) has been cut by Rs2.45 per litre, lowering the ex-depot rate to Rs389.93 per litre, compared with the earlier price of Rs392.38 per litre.
The revised fuel prices will come into effect from August 4, 2026, and are expected to provide some relief to motorists, transporters, and businesses that rely heavily on petroleum products.
The government said the revised ex-depot prices were determined in line with the updated petroleum pricing mechanism and recommendations issued by OGRA. The new rates will remain effective until the next official price review unless revised earlier.
