August 8, 2026
Jamaat-e-Islami staged protests, sit-ins and rallies across the country against inflation, fuel prices and the petroleum levy, blocking national highways in Sindh, Balochistan, KP and Punjab. The party chief has called a march on Lahore for August 9.
August 7, 2026
Petrol has been cut by Rs3.19 to Rs329.82 a litre and high-speed diesel by Rs1.50 to Rs382.36, reversing most of Thursday's increase. The petroleum levy on diesel rose again, by Rs1.21 to Rs73.47.
July 31, 2026
Petroleum Minister Ali Pervaiz Malik has told a Senate committee that any cut in the petroleum levy is unlikely to win IMF approval unless the government identifies an alternative revenue source. Lawmakers used the session to challenge the daily fuel pricing system as a burden on consumers.
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
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.
June 28, 2026
The government held petrol and diesel rates steady for the new fortnight despite falling global crude, instead pocketing the relief through a higher petroleum levy.
Editor — Hamza Azhar Salam · Write to us with suggestions or tips
Frontpage.dev
Tahir Khan
Frontpage.dev
Frontpage.dev