Govt jacks up petrol price by Rs12.90, HSD by Rs3.72

News Desk Published September 7, 2026

The government on Monday jacked up the price of petrol by Rs12.90 per litre while increasing the price of high-speed diesel (HSD) by Rs3.72 per litre.

Following the revision, petrol will retail at Rs358.77 per litre while HSD will cost Rs381.77 per litre. The government continues to levy Rs114 per litre in taxes and duties on petrol and Rs100 per litre on diesel.

According to the Petroleum Division’s notification, the new prices will be applicable on Sept 8 (Tuesday).

The price of HSD has come down from a peak of Rs520.35 recorded on April 3. Its price had started rising from Rs281 per litre after the US-Iran war broke out on February 28.

The petrol price had peaked at Rs458.41 on April 3 after beginning its upward trajectory from Rs266 in the first week of March.

On July 17, Petroleum Minister Ali Pervaiz Malik announced that fuel prices would now be fixed on a daily basis due to fluctuations in international market prices following renewed hostilities between Iran and the US.

Prior to this, the government had been announcing weekly revisions to fuel prices since early March, alongside measures for the conservation of fuel amid possible oil supply disruptions due to the ongoing conflict in the Middle East. The federal government in April also announced targeted relief measures to provide subsidised fuel.

The petroleum minister stated that the cabinet and the prime minister had decided to give the Oil and Gas Regulatory Authority (Ogra) the responsibility of deciding fuel prices on a daily basis based on international market trends.

Petrol is mainly used in private transport, small vehicles, rickshaws and two-wheelers, and changes in its price affect the middle and lower-middle classes.

Similarly, changes in diesel prices also impact the public at large, as it is mainly used in the heavy transport sector, power plants and large generators.

Petrol and high-speed diesel (HSD) are the major revenue earners, with monthly sales of about 700,000 to 800,000 tonnes, compared to just 10,000 tonnes of monthly demand for kerosene.

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Syed A. Mateen

Sep 08, 2026 05:06am

The government is increasing petrol prices unabated and without explaining to the people of Pakistan how these increases are disproportionately higher than any decreases. This situation is causing immense suffering for ordinary citizens, and their capacity to cope has been stretched beyond all limits, making continued survival difficult for average-income families. The relentless increase in petrol prices has reached an unbearable point, leading to widespread distress with no apparent end in sight. Concurrently, the prices of essential food items have increased manifold, severely impacting poor and average-income families. These petrol price hikes are not commensurate with the monthly salaries of the poor, the middle class, or white-collar families. If petrol prices increase further, having already surpassed all reasonable limits, crime rates in the country will inevitably rise manifold, again severely affecting ordinary citizens and average-income families. I urge the government to bring petrol prices down to previous levels.

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Jamki

Sep 08, 2026 10:30am

At a time when citizens are already reeling from relentless inflation, stagnant incomes, and rising living costs, the govt adopted routine to increase petroleum prices every other day. Govt increase 12 rupees and decrease 20 paisa in order to fool citizens. It appears deeply disconnected from the economic realities facing ordinary people. While several neighboring countries have sought to shield consumers from global energy shocks through subsidies, tax adjustments, or gradual pricing mechanisms, Pakistani households are being asked to bear yet another burden. The decision risks triggering fresh increases in transport fares, food prices, and essential goods, further eroding purchasing power and pushing vulnerable families closer to economic distress. Rather than providing relief, the move reinforces public perceptions that the costs of economic adjustment are falling disproportionately on citizens who are least able to absorb them.

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Sajid Khan

Sep 08, 2026 10:46am

I urge the government to bring some kind of relief to the downtrodden common man in Pakistan. Enough is enough!????????????

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Global Peace

Sep 08, 2026 12:44pm

In dollar terms if you check Pakistan fuel price are almost same as in India. Just that dollar to PKR is high. Fuel prices are dependent on us dollar price. So in Pakistan fuel prices are fair.

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