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Tag: petrol price in pakistan today 2026

expected petrol and diesel price in pakistan

Announcement of further reduction in prices of petroleum products

The government has further reduced the prices of petroleum products by a small margin, and the Ministry of Energy has issued a notification in this regard.

According to a notification issued by the Ministry of Energy, the Oil and Gas Regulatory Authority (OGRA) has revised the prices of petroleum products based on the mechanism established by the federal government.

According to the notification, the price of high-speed diesel has been reduced by Rs 1.89 per liter; with this reduction, the price per liter now stands at Rs 400.35.

The price of petrol has been reduced by a mere 14 paisa, and the new price has been set at 387 rupees and 40 paisa per liter. The new prices for petroleum products will come into effect on October 1, 2026.

The notification states that the revision in the prices of petroleum products was made due to the situation in the global market. Global events, product rates, and changes in premiums influenced the price determination.

expected petrol and diesel price in pakistan

Major reduction in petrol price in Pakistan for January 2026

The Government of Pakistan drastically reduced the price of petrol from January 1, 2026. Petrol became cheaper by Rs 1.50 to Rs 10.28 per liter.

According to a notification issued by the Petroleum Division, the government has revised the prices of petroleum products based on the suggestions of the Oil and Gas Regulatory Authority (OGRA).

According to the notification, the price of petrol per liter has been reduced by Rs 10.28 paise, after which the new price of petrol per liter has been set at Rs 253.17 paise, while the old price was Rs 263.45 paise.

Similarly, the price of high-speed diesel per liter has been reduced by Rs 8.57 to Rs 257.8, while earlier the price per liter was Rs 265.65.

The notification states that the new prices of petroleum products will be applicable for the next 15 days from January 1, 2026.