Petrol Price Cut in Pakistan, Diesel Gets More Expensive From August 12

The federal government has announced a mixed adjustment in petroleum prices, reducing the petrol price in Pakistan while increasing the price of high-speed diesel. The revised rates will take effect from August 12, 2026, under the government’s petroleum pricing mechanism.

According to the latest notification, petrol has become cheaper by Rs1.70 per litre, bringing its price down from Rs327.62 to Rs325.92 per litre.

In contrast, the price of high-speed diesel has increased by Rs1.39 per litre, rising from Rs380.86 to Rs382.25 per litre.

New Petrol and Diesel Prices

  • Petrol: Rs325.92 per litre — down Rs1.70
  • High-Speed Diesel: Rs382.25 per litre — up Rs1.39

The latest revision follows the government’s review of petroleum prices and recommendations made under the current pricing mechanism. The Oil and Gas Regulatory Authority (OGRA) plays a key role in calculating petroleum prices based on relevant market factors.

The petrol reduction offers limited relief to motorists, motorcycle users and other consumers who depend on petrol for daily transportation. However, the increase in diesel prices could raise operating costs for transporters, agricultural machinery, businesses and other sectors that rely heavily on diesel.

Changes in petroleum prices also have a broader impact on Pakistan’s economy because fuel costs influence transportation, logistics and the prices of goods and services.

The new rates will remain applicable from August 12 unless the government makes another adjustment under the petroleum pricing mechanism.