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Aftab Maken
ISLAMABAD: The federal government has increased ex-depot prices of petrol and high-speed diesel effective July 24, 2026, following a revised petroleum pricing mechanism.
The federal government has increased the ex-depot prices of petrol and high-speed diesel, with the revised rates taking effect from July 24, 2026, according to a press release issued by the Ministry of Energy’s Petroleum Division on Thursday.
The notification said the Oil and Gas Regulatory Authority (OGRA) revised petroleum product prices under the federal government’s updated petroleum pricing mechanism.
Under the new prices, Motor Spirit (MS), commonly known as petrol, has been increased by Rs4.40 per litre to Rs331.52 per litre from the existing Rs327.12 per litre.
High-Speed Diesel (HSD) has been raised by Rs3.62 per litre to Rs378.66 per litre from Rs375.04 per litre.
The revised prices will come into effect from July 24, 2026.
Petroleum prices in Pakistan are reviewed periodically based on fluctuations in international oil markets, exchange rate movements, import costs, and applicable taxes and petroleum levies. OGRA calculates the recommended prices under the government’s pricing formula before the federal government issues the final notification.
The latest increase is expected to raise transportation and logistics costs, as diesel is widely used in commercial transport and agriculture, while petrol remains the primary fuel for private vehicles and motorcycles. The revised rates may also add to inflationary pressures across various sectors of the economy.
