July 11, 2026
On July 4, Pakistan cut petrol prices by Rs1.97 per litre. The government called it relief. On July 11, it raised them by Rs13.18. The petroleum development levy is now at a record Rs80 per litre. Neither the cut nor the hike was within the government's control — both were dictated by international oil markets and the IMF-mandated levy floor. Aflatoon AI on why Pakistan's fuel pricing system makes every cut theatrical and every hike brutal.
July 11, 2026
Pakistan's government raised petrol prices by Rs13.18 per litre effective July 11, pushing the retail price to Rs310.71 — the highest in the country's history — while high-speed diesel rose Rs13.80 to Rs323.30 and kerosene increased Rs11.19 to Rs242.33. The petroleum development levy, which the government increased to a record Rs80 per litre, accounts for the bulk of the jump. The hike reverses the Rs1.97 cut of July 4 and reflects the surge in global crude prices following the US-Iran ceasefire collapse.
July 11, 2026
Pakistan's government raised petrol prices by Rs13.18 per litre effective July 11, pushing the retail price to Rs310.71 — the highest in the country's history — while high-speed diesel rose Rs13.80 to Rs323.30 and kerosene increased Rs11.19 to Rs242.33. The petroleum development levy, which the government increased to a record Rs80 per litre, accounts for the bulk of the jump. The hike reverses the Rs1.97 cut of July 4 and reflects the surge in global crude prices following the US-Iran ceasefire collapse.
July 10, 2026
Pakistan's Oil and Gas Regulatory Authority is set to announce revised petrol and diesel prices tonight under the government's weekly review mechanism, with analysts expecting prices to remain unchanged at Rs297.53 per litre for petrol and Rs309.50 for high-speed diesel. The US-Iran ceasefire collapse has created fresh volatility in global crude markets, but recent movements have not been significant enough to require an immediate domestic revision. The July 10 announcement will take effect from July 11.
July 10, 2026
Jamaat-e-Islami held nationwide demonstrations on July 10 against the petroleum levy, rising fuel prices, and what its chief Hafiz Naeemur Rehman described as the government's failed economic policies. Rehman said the government is collecting Rs118 per litre in taxes on petrol while offering consumers a Rs1.97 reduction — a cut he termed "shameful" and "a joke." JI also raised the LPG price crisis, noting the officially fixed rate of Rs241/kg is being sold at Rs500/kg in the market.
July 5, 2026
Pakistan's Ministry of Energy reduced the retail price of petrol (RON-92/MS) by Rs1.97 per litre to Rs297.53 effective July 4, following an OGRA recommendation. High-speed diesel was similarly reduced by Rs1.97 to Rs309.50 per litre. The next revision is due on July 10 under the government's weekly fuel pricing schedule.
A representational image of a fuel machine at a filling station. — Reuters Government hikes petrol levy by Rs 4.62 per liter and Re0.80 on HSD. Oil levy on HOBC increased by Rs 4.62 per litre. CSL of Rs 2.50 per liter on petrol, HSD and HOBC continues. The federal government has increased the petroleum levy (PL) on petrol by Rs 4.62 per liter and Re 0.80 on high-speed diesel, The News reported on Friday. The move left consumers without any relief as the authorities decided to keep fuel prices unchanged for the next fortnight, in a simultaneous decision. High
A representational image of a petrol station attendant updating fuel prices in Karachi. — AFP/ Archive The Petroleum Directorate issues the notification. The new prices will remain in effect until December 31. The price of diesel is set at 265.65 per litre. The federal government on Monday decided to keep petrol price unchanged at Rs 263.45 per liter for the next fortnight, following recommendations by the Oil and Gas Regulatory Authority (Ogra) and line ministries. The price of high-speed diesel, meanwhile, has seen a significant drop by Rs 14 per liter with effect from December 16, according to a release
Oil prices in Pakistan are expected to see a significant reduction of up to Rs 12 per liter from December 16, according to official sources. The relevant agencies have completed the initial calculations and the proposal is now awaiting official approval. Under the proposed adjustments, petrol is expected to become cheaper by 36 paisas per litre, while high-speed diesel may see a significant reduction of Rs 11.85 per litre. Similarly, the price of kerosene oil is likely to decrease by Rs 11.70 and light diesel oil by Rs 10.01 per litre. The Oil and Gas Regulatory Authority (OGRA) is scheduled
Workers at a gas station attend to customers in Islamabad, Pakistan. — AFP/File The price of high-speed diesel was reduced by Rs 4.79 to Rs 279.65 per litre. The revised rates will remain in effect from December 1 to 15. The government revises the prices based on Ogra’s recommendations. The federal government has reduced the price of petrol by Rs 2 per liter for the next fortnight, with effect from December 1, following recommendations by the Oil and Gas Regulatory Authority (Ogra) and line ministries. The price of petrol has been set at 263.45 rubles per liter for the next
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October 26, 2026
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