ISLAMABAD: The government has increased petrol price by Rs4.42 per litre and high-speed diesel (HSD) by Rs6.10 per litre, marking the sixth consecutive hike in petroleum prices and pushing the price of diesel above Rs400 per litre.
According to a notification issued by the Ministry of Energy (Petroleum Division), the Oil and Gas Regulatory Authority (OGRA) revised the ex-depot prices of petroleum products under the government’s petroleum pricing mechanism. The revised prices are applicable for Tuesday, September 15, 2026.
Following the latest increase, the price of Motor Spirit (petrol) has risen from Rs375.82 to Rs380.24 per litre, while HSD has increased from Rs403.32 to Rs409.42 per litre.
The latest increase comes after the government had raised petrol price by Rs5.02 per litre and HSD by Rs5.28 per litre in the previous review applicable for September 12.
With the latest revision, consumers have faced six consecutive increases in petroleum prices, adding to the financial pressure on motorists, transport operators and businesses dependent on fuel.
The increase in HSD is particularly significant for the transport and agriculture sectors because diesel is widely used by commercial vehicles, buses, trucks, tractors and other heavy machinery. Higher diesel prices can also increase transportation costs and put additional pressure on the prices of goods.
The latest increase in petrol price will also directly affect millions of motorists, particularly users of motorcycles, rickshaws and small cars, who are already facing higher household and commuting expenses.
The latest domestic price revision follows a sharp increase in international oil prices, with global crude benchmarks rising above $100 per barrel amid growing concerns over possible disruptions to oil supplies in the Middle East.
Under the prevailing petroleum pricing mechanism, developments in international oil markets are reflected in domestic petroleum prices through periodic reviews.
The latest increase therefore comes amid heightened volatility in global oil markets, raising concerns that continued strength in international crude prices could keep pressure on domestic fuel prices in subsequent reviews.
