Rs14 | Pakistan

The government raised the price of petrol by Rs14.92 per litre and that of high-speed diesel (HSD) by Rs15 on Friday. Following the increase, the price of petrol stands at Rs414.78 per litre and HSD’s at Rs414.58. The Petroleum Division’s press release notifying the increase said the new prices would be effective from May 9. Petrol is mostly used in private transport, small vehicles, rickshaws and two-wheelers and has a direct bearing on the budget of the middle and lower-middle class. High-speed diesel is mainly used in the heavy transport sector and for large generators. The government has been revising petroleum prices every week on Friday night following the now-paused US-Israeli war on Iran, which began on February 28. The war also led to a global fuel crunch caused by the closure of the Strait of Hormuz, through which one-fifth of the world’s supply of oil and gas used to pass in peace time. After the US-Israeli war on Iran began, the government initially hiked petrol and diesel prices by Rs55 per litre...

The government raised the price of petrol by Rs14.92 per litre and that of high-speed diesel (HSD) by Rs15 on Friday. Following the increase, the price of petrol stands at Rs414.78 per litre and HSD’s at Rs414.58. The Petroleum Division’s press release notifying the increase said the new prices would be effective from May 9. Petrol is mostly used in private transport, small vehicles, rickshaws and two-wheelers and has a direct bearing on the budget of the middle and lower-middle class. High-speed diesel is mainly used in the heavy transport sector and for large generators. The government has been revising petroleum prices every week on Friday night following the now-paused US-Israeli war on Iran, which began on February 28. The war also led to a global fuel crunch caused by the closure of the Strait of Hormuz, through which one-fifth of the world’s supply of oil and gas used to pass in peace time. After the US-Israeli war on Iran began, the government initially hiked petrol and diesel prices by Rs55 per litre...

The government on Monday decreased the high-speed diesel (HSD) price by Rs14 and kept the petrol price unchanged for the fortnight ending December 31, owing to favourable international market prices. In a late-night announcement, the Petroleum Division said the revision followed movements in international markets and recommendations from the Oil and Gas Regulatory Authority (Ogra). According to the announcement, the ex-depot price of HSD has been reduced by Rs14 per litre (5pc) to Rs265.65 per litre for the current fortnight from Rs279.65 per litre. Most of the transport sector runs on HSD. Its price is considered inflationary as it is mostly used in heavy transport vehicles, trains and agricultural engines like trucks, buses, tractors, tube-wells, threshers, and particularly adds to the prices of vegetables and other eatables. Transporters had already increased their fares based on an approximate Rs27 per litre increase between May and August, and have not reversed them despite a Rs9 per litre cut. The ex-de...

ISLAMABAD - The federal government has slashed the prices of high-speed diesel by Rs14 per litre and maintained the price of petrol at the existing level for the second fortnight of December 2025 starting today.

The federal government has announced a sharp increase in petroleum prices for the next fortnight, with petrol prices surging by Rs14.