Pakistan Raises Petrol by Rs1.08, Diesel by Re0.51 Per Litre
ISLAMABAD: The federal government has increased the prices of petrol and high-speed diesel, announcing another adjustment in fuel rates that will take effect from September 2. Petrol has been raised by Rs1.08 per litre, while high-speed diesel has become 51 paisa more expensive per litre under the latest revision announced on Tuesday night.
According to a notification issued by the Ministry of Energy's Petroleum Division, the price of motor spirit, commonly sold as petrol, has been increased from Rs342.79 to Rs343.87 per litre. High-speed diesel has been revised upward from Rs370.41 to Rs370.92 per litre. The new ex-depot prices will apply from Wednesday, September 2, until the next revision by the government.
The Petroleum Division said the adjustment followed a revision of ex-depot petroleum prices by the Oil and Gas Regulatory Authority under the federal government's revised petroleum pricing mechanism. The notification sets out the previous and revised rates for both major transport fuels and confirms the increase of Rs1.08 for petrol and Re0.51 for high-speed diesel.
The latest increase follows another adjustment announced a day earlier. In the previous review, petrol had been increased by 77 paisa per litre while the price of high-speed diesel was reduced by Rs1.03 per litre. The consecutive revisions highlight the government's current practice of making frequent changes to domestic fuel rates as pricing calculations respond to market conditions and the applicable petroleum pricing framework.
The change is significant for consumers because petrol is widely used by private motorists, motorcyclists and smaller commercial vehicles, while high-speed diesel is a major fuel for freight, public transport and other commercial activity. Even relatively small changes in per-litre prices can affect household travel costs and operating expenses for transport-dependent businesses when multiplied across large volumes of fuel consumption.
Fuel prices also remain closely watched because transportation costs can influence the movement of goods across the country. Businesses that depend heavily on road freight may assess the latest diesel increase when calculating operating expenses, while motorists will face the higher petrol rate at filling stations once the revised prices come into force. The scale of any broader impact will depend on how long the new rates remain in place and the direction of subsequent revisions.
The immediate next step is implementation of the revised rates nationwide from September 2. Consumers and businesses will now watch the government's next petroleum pricing decision, particularly movements in petrol and diesel prices under the revised mechanism. Any further change will depend on the calculations made for the next review and the official rates subsequently notified by the Petroleum Division.