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–The Oil and Gas Regulatory Authority has reduced the ex-depot price of petrol by Re1 per litre while increasing high-speed diesel by Rs3.37 per litre under the government’s revised petroleum pricing mechanism, effective July 28.
Aftab Maken
ISLAMABAD: The Govt on Monday revised the ex-depot prices of petroleum products, reducing the price of petrol by Re1 per litre while increasing the price of high-speed diesel (HSD) by Rs3.37 per litre, effective from July 28.
According to a notification issued by the Ministry of Energy (Petroleum Division), the revised prices have been notified under the federal government’s petroleum pricing mechanism.
The ex-depot price of motor spirit (petrol) has been reduced from Rs335.18 per litre to Rs334.18 per litre, providing modest relief to consumers.
In contrast, the price of high-speed diesel has been increased from Rs383.46 per litre to Rs386.83 per litre, reflecting an increase of Rs3.37 per litre.
Petrol is the primary fuel used by motorcycles, cars and light transport vehicles, making it the most widely consumed fuel by households. High-speed diesel is mainly used in heavy transport, agriculture and industrial machinery, meaning any increase in its price can raise freight costs and add to inflationary pressures.
The latest revision follows the government’s fortnightly review of petroleum prices, which takes into account international oil prices, exchange rate movements and applicable taxes and levies.
The new prices will come into effect from July 28, 2026.
