ISLAMABAD: Petrol and High Speed Diesel prices have risen by Rs2.29 and Rs1.11 per litre, respectively, with the revised rates applicable for September 3, 2026, under Pakistan’s revised petroleum pricing mechanism.
The Petroleum Division said on Wednesday that the Oil and Gas Regulatory Authority had revised the ex-depot prices of petroleum products in accordance with the revised petroleum pricing mechanism issued by the Federal Government.
Following the latest revision, the price of Motor Spirit, commonly known as petrol, has increased from Rs343.87 to Rs346.16 per litre, reflecting an increase of Rs2.29 per litre.
The price of High Speed Diesel has also been increased from Rs370.92 to Rs372.03 per litre, registering a rise of Rs1.11 per litre.
The revised prices mean higher fuel costs for consumers using petrol and diesel-powered vehicles and equipment. The new rates will apply from September 3 under the current pricing mechanism.
Petrol is mainly used in Pakistan’s private transport sector, particularly cars, motorcycles and other small vehicles. Rickshaws and other light transport also use petrol extensively.
The widespread use of petrol by households and daily commuters means that changes in its price directly affect transportation expenses. Higher petrol prices can also increase operating costs for ride-hailing services, private transport and small businesses relying on petrol-powered vehicles for mobility and deliveries.
High Speed Diesel is extensively used by heavy transport vehicles, including trucks and buses. Diesel-powered vehicles are used for transporting agricultural produce, industrial goods, construction material and other commodities across the country.
The fuel is also widely used in agriculture for tractors, tube wells and other machinery. Diesel generators and other equipment also depend on the fuel in areas where grid electricity is unavailable or insufficient.
Changes in diesel prices can consequently affect transportation, agricultural and production costs.
The latest increase in petroleum prices affects consumers, transport operators, farmers and businesses that depend on petrol and diesel for transportation, agricultural activities, production and other operations.
According to the Petroleum Division’s notification, petrol will have an ex-depot price of Rs346.16 per litre from September 3, compared with Rs343.87 previously. The ex-depot price of HSD has been increased to Rs372.03 per litre from Rs370.92.
Pakistan is operating under a daily petroleum pricing mechanism, under which domestic fuel prices are revised in response to movements in international oil markets and other relevant pricing factors. The mechanism was introduced to enable domestic prices to respond more quickly to changes in global market conditions.
