The Government of Pakistan has announced a reduction in the prices of petrol and high-speed diesel (HSD), providing some relief to consumers across the country. The revised fuel prices came into effect on August 4, 2026, under the government’s updated petroleum pricing mechanism.

Latest Petrol and Diesel Prices in Pakistan

According to the latest notification, both petrol and high-speed diesel prices have been reduced as follows:

Fuel TypePrevious PriceNew PricePrice Decrease
PetrolRs336.03 per litreRs331.95 per litreRs4.08
High-Speed Diesel (HSD)Rs392.38 per litreRs389.93 per litreRs2.45

Petrol Price Reduced by Rs4.08 Per Litre

The price of petrol has been reduced by Rs4.08 per litre, bringing the new rate down from Rs336.03 to Rs331.95 per litre. This reduction is expected to provide some financial relief to motorists and commuters who rely on petrol-powered vehicles for daily transportation.

High-Speed Diesel Price Reduced by Rs2.45 Per Litre

The government has also lowered the price of high-speed diesel by Rs2.45 per litre. The new diesel price now stands at Rs389.93 per litre, compared to the previous rate of Rs392.38 per litre.

Diesel is widely used in commercial transport, agriculture, and heavy machinery, making fuel price adjustments significant for businesses and the logistics sector.

New Fuel Prices Effective from August 4, 2026

The revised petroleum prices are effective from August 4, 2026, and have been implemented under the government’s revised petroleum pricing mechanism. Fuel prices in Pakistan are reviewed periodically based on international oil market trends, exchange rate fluctuations, and applicable taxes and levies.

Final Thoughts

The latest reduction in petrol and diesel prices offers modest relief to consumers and businesses amid fluctuating global energy markets. Motorists can now purchase petrol at Rs331.95 per litre and high-speed diesel at Rs389.93 per litre from August 4, 2026. Any future changes to petroleum prices will be announced by the government as part of its regular fuel price review process.

Keep reading the Wise Wheels blog for more practical buying guides, ownership tips, market insights, and expert advice to help you make smarter automotive decisions in Pakistan.