The government has increased the price of petrol by Rs2.02 per litre while reducing the price of high-speed diesel (HSD) by Rs3.59 per litre, with the revised rates taking effect from September 26.
Under the latest adjustment, petrol will be available at Rs391.30 per litre, compared with the previous price of Rs389.28. The price of high-speed diesel has been reduced to Rs408.53 per litre from Rs412.12.
According to the Petroleum Division, the revised ex-depot prices will remain effective from September 26 to September 28, 2026.
The adjustment was made following the latest review by the Oil and Gas Regulatory Authority (OGRA) under the federal government’s petroleum pricing mechanism. The Petroleum Division attributed the changes to movements in international Platts prices, petroleum premiums and other associated costs.
The latest revision comes after prices of both major petroleum products were reduced in the previous review. Petrol had been cut by Re0.84 per litre, while HSD was reduced by Rs2.63 per litre.
The new rates come against the backdrop of continued volatility in international oil markets, where crude prices have remained sensitive to geopolitical developments and expectations surrounding global supply.
International crude prices fell by more than 1% on Friday as markets assessed the prospects of a potential US-Iran truce alongside concerns over supply disruptions linked to increased Houthi attacks on Saudi Arabia.
Brent crude declined by $1.34, or 1.3%, to $105.26 per barrel, while US West Texas Intermediate (WTI) fell $1.83, or 1.9%, to $92.78 per barrel at 1215 GMT.
Despite Friday’s decline, Brent remained 1.5% higher for the week, while WTI was down 7.4% over the same period.
The latest domestic price adjustment reflects the impact of international oil-market movements on Pakistan’s petroleum pricing formula, with petrol and diesel moving in opposite directions during the latest three-day pricing period.