The federal government has increased the petroleum levy on petrol, adding Rs24.74 per litre to the existing charge. According to details, the levy on petrol has been increased to Rs 116.8 per litre following the latest adjustment. The move is expected to help the government generate additional revenue while maintaining its fiscal targets. In contrast, […]
Petrol
Govt cuts petrol, diesel price by Rs 22 per litre in post-Eid relief
The government announced a reduction of Rs 22 per litre in the prices of petrol and high-speed diesel (HSD) each on Friday. Last week, the government cut the prices of petrol and diesel by Rs 6-7 per litre each with immediate effect for the week ending May 29 owing to lower global prices. Following the […]
Govt slashes petrol, diesel prices by Rs 5 per litre
The federal government on Friday reduced petrol and diesel prices by Rs 5, according to a notification issued by the Petroleum Division. According to the notification, the revised prices will take effect from May 16. Following the decrease, the price of petrol stands at Rs 409.78 per litre and that of HSD at Rs 409.58. […]
Govt hikes petrol, diesel prices by nearly Rs 15 per litre
The federal government has increased petrol and diesel prices by nearly Rs15 per litre each for the next week. In a notification issued on Friday, the Petroleum Division said new fuel rates will come into effect from May 9. The price of petrol has jumped from Rs399.86 to Rs414.78, while the HSD price increased from […]
Petrol, diesel get costlier by nearly Rs 27 per litre
Prime Minister Shehbaz Sharif on Friday jacked up prices of both high-speed diesel (HSD) and petrol by Rs26.77 per litre despite no increase being required in the rates of petrol. The premier imposed a nearly Rs27 per litre additional tax on the fuel to push its price higher. Accordingly, the HSD price has been fixed […]
‘Much-needed breather’, FPCCI welcomes reduction in petrol, diesel rates
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has welcomed the federal government’s recent decision to slash high-speed diesel (HSD) and petrol prices. On Friday night, Prime Minister Shehbaz Sharif had announced reduction of Rs135 per litre in diesel and Rs12 per litre in petrol prices. With the announcement, diesel will now cost […]
Pakistan cuts fuel prices as PM Shehbaz announces relief package
Prime Minister Shehbaz Sharif has announced a significant reduction in fuel prices, lowering high-speed diesel (HSD) by Rs135 per litre and petrol by Rs12 per litre, in what he described as a moment of economic relief for the public. Read More: Petrol will now cost Rs 458 per litre, diesel Rs 520 In a televised address to the nation, […]
Petrol will now cost Rs 458 per litre, diesel Rs 520: Govt gives fuel shock as Pakistan feels the squeeze from ME war
The government on Thursday further increased petrol price by Rs137 per litre, or by 43%, to history’s highest ever level of Rs458 after Prime Minister Shehbaz Sharif decided to impose more taxes on consumers. The Rs458 per litre new price of petrol is also far higher than the increase in the international market, as PM […]
Pakistan Sees Surge in Fuel Sales as March Travel Boosts Demand
Oil marketing companies (OMCs) in Pakistan reported a significant rise in petroleum product sales during March 2026, driven largely by increased public travel over holidays and weekly breaks, despite government efforts to curb fuel consumption. According to sources, overall fuel sales jumped by approximately 13 percent compared to February. Petrol sales alone rose by 8 […]
PM Shehbaz rejects increase in petrol and diesel prices, again
Prime Minister Shehbaz Sharif announced on Friday that he had rejected another recommendation for an increase in the prices of petrol and high-speed diesel (HSD). He made the announcement during an address to the nation, saying that he had been recommended to approve an increase of Rs95 per litre in the price of petrol and […]