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The government has increased the prices of petrol and high-speed diesel (HSD) by Rs4.10 and Rs6.41 per litre, respectively, citing changes in international oil prices.
Under the revised rates, petrol will cost Rs384.34 per litre, while high-speed diesel will sell for Rs415.83 per litre.
The revised prices took effect on September 16. OGRA has also moved to a daily petroleum price publication system as the government responds more quickly to changes in global oil markets. OGRA’s official website lists daily petroleum price and Platts data publications for September 2026.
The latest revision changes the prices as follows:
| Product | Old Price | New Price | Increase |
|---|---|---|---|
| Petrol | Rs380.24 | Rs384.34 | Rs4.10 |
| High-Speed Diesel | Rs409.42 | Rs415.83 | Rs6.41 |
The Petroleum Division issued the notification for the revised rates.
Petroleum Minister Ali Pervaiz Malik said the daily prices would use a seven-day average of international market prices.
The mechanism aims to pass international oil price movements to consumers more quickly.
Pakistan previously revised petroleum prices on a fortnightly basis.
The government later introduced more frequent reviews after volatility in international oil markets increased.
Under the new framework, OGRA will issue daily ex-depot prices for petrol and high-speed diesel.
The regulator can announce daily prices without seeking fresh approval from the prime minister or federal government.
However, prices announced on Fridays will remain unchanged on Saturdays and Sundays.
OGRA has also started publishing international Platts reference data. Its website currently carries daily Platts data for September 2026.
The petroleum levy will remain subject to the limit approved by the federal cabinet.
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Any change in the levy rate will require approval from the Finance Division.
The new pricing system comes amid continued volatility in global oil markets.
Renewed tensions in the Middle East have raised concerns about energy supplies and shipping routes.
The Strait of Hormuz remains a major route for global energy shipments. Disruptions in the region can therefore affect crude and petroleum product prices worldwide.
Pakistan relies heavily on imported petroleum products. Changes in international prices can consequently affect domestic fuel rates.
The government has also revised petroleum import arrangements for the 2026-27 fiscal year.
Under the framework, Pakistan State Oil (PSO) will handle high-speed diesel imports.
Oil marketing companies will be allowed to import petrol according to their respective market shares.
Companies that fail to meet import or upliftment obligations could face restrictions on new import permissions for up to nine months.
The framework also provides for daily pricing of kerosene oil and light diesel oil.
The government has directed the relevant authorities to implement the new mechanism immediately.
The government says daily pricing will allow international market movements to reach domestic prices more quickly.
The system also gives consumers more frequent information about changes in fuel costs.
OGRA’s official price portal now provides access to current petroleum price publications and daily market data.
For consumers, the move means petrol and diesel prices can change more frequently than under the previous fortnightly review system.
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