ISLAMABAD: The government on Friday cut the price of petrol by Rs4 per litre while keeping the price of high-speed diesel unchanged with immediate effect for the week ending June 12, owing to changes in global prices during the last week.

The ex-depot price of high-speed diesel (HSD) will remain fixed at Rs380.78 per litre for another week. The government made adjustments in taxes and other heads to maintain diesel prices, which otherwise appeared to be on the higher side.

The diesel price has come down from a peak of Rs520.35 per litre reco­rded on April 10. HSD is considered one of the most inflationary items because of its extensive use in freight transportation.

The ex-depot rate of petrol was cut by Rs4 to Rs377.79 per litre compared to Rs381.78 per litre at present.

This is the fourth consecutive weekly downward revision in petrol prices, with a cumulative reduction of about Rs37 per litre.

The government is currently charging about Rs100 per litre on HSD in the form of customs duty, petroleum levy and climate support levy, besides inland freight equalisation margin.

Meanwhile, the total tax on petrol stands at Rs125 per litre, including petroleum levy, customs duty and climate levy.

The government is also charging about Rs21 per litre as petroleum levy on kerosene and about Rs16 per litre on light diesel oil.

Petrol and HSD are the major revenue spinners, with monthly sales of about 700,000 to 800,000 tonnes, compared to just 10,000 tonnes of monthly demand for kerosene.

Published in Dawn, June 6th, 2026