Pakistan Raises Petrol 77 Paisa, Cuts Diesel Rs1.03 for September 1
The federal government has raised the price of petrol by 77 paisa per litre while reducing the price of high-speed diesel by Rs1.03 per litre, announcing another adjustment under Pakistan's revised petroleum pricing system. The new rates take effect from September 1 and are scheduled to remain applicable for one day as authorities continue responding to volatility in international energy markets.
According to the notification issued by the Ministry of Energy's Petroleum Division, the ex-depot price of petrol has been increased from Rs342.02 to Rs342.79 per litre. High-speed diesel, meanwhile, has been reduced from Rs371.44 to Rs370.41 per litre. The Oil and Gas Regulatory Authority revised the prices in accordance with the federal government's petroleum pricing mechanism.
The latest decision follows several small revisions in quick succession. In the previous review, petrol had been reduced by 58 paisa per litre and high-speed diesel by 17 paisa per litre for the period ending August 31. An earlier adjustment had also lowered the prices of petrol and diesel by 50 paisa and 19 paisa per litre, respectively, illustrating the increasingly frequent movement in domestic fuel rates.
Pakistan has shifted toward more frequent petroleum price revisions as international oil markets remain sensitive to geopolitical developments and supply uncertainty. Petroleum Minister Ali Pervaiz Malik previously said fuel prices would be determined on a daily basis, with OGRA responsible for calculating rates using international market trends and other components of the domestic pricing formula. The change followed a period in which the government had been announcing weekly revisions amid instability linked to conflict in the Middle East.
Fuel prices remain economically significant because petrol is widely used by motorists, motorcyclists, rickshaw operators and other daily commuters, while high-speed diesel is a key fuel for trucks, buses, agricultural equipment, generators and parts of the transport sector. Even relatively small changes can therefore influence household travel costs and commercial transportation expenses, particularly when revisions occur frequently.
The government also continues to collect substantial taxes and duties on petroleum products. Recent official pricing details cited by Pakistani media showed around Rs114 per litre in taxes and duties on petrol and about Rs100 per litre on high-speed diesel. Fuel prices have fluctuated sharply during 2026, with both products previously reaching much higher levels during periods of severe international oil-market disruption before retreating as supply conditions changed.
The September 1 adjustment means consumers will face a modest increase at petrol pumps while diesel users receive a slightly larger reduction. Because the government is now operating a short-term pricing mechanism tied closely to global market movements, the next revision could follow quickly. Motorists, transport operators and businesses will therefore be watching international crude prices, exchange-rate movements and the next Petroleum Division notification for any further change in domestic fuel costs.