ISLAMABAD: The Government has announced the prices of petroleum products for the period from July 18 to July 20, 2026, with significant increases announced for high-speed diesel (HSD) and petrol.
According to the latest notification, the price of high-speed diesel has been increased by Rs31.05 per litre, rising from Rs323.30 per litre to Rs354.35 per litre.
The price of petrol has also been raised by Rs5.44 per litre, increasing from Rs310.71 per litre to Rs316.15 per litre.
The revised petroleum prices will remain effective from July 18, 2026 and will add further pressure on fuel consumers amid rising transportation and energy costs.
OGRA Set to Announce Petrol Prices Daily Under New System
Earlier, the federal government has decided that the Oil and Gas Regulatory Authority (OGRA) will determine petroleum product prices on a daily basis, Petroleum Minister Ali Pervaiz Malik announced on Thursday.
Speaking at a press conference alongside Information Minister Atta Tarar, Ali Pervaiz Malik said the prime minister and the federal cabinet had approved the new mechanism under which OGRA would calculate daily petroleum prices and publish them on its official website.
The petroleum minister said the decision comes amid rising global crude oil prices due to renewed regional tensions, which have once again pushed up energy costs worldwide.
He said the government had utilized resources worth Rs130 billion in an effort to provide relief to consumers amid increasing energy prices.
Ali Pervaiz Malik added that the daily pricing system would allow petroleum rates to reflect international market trends more efficiently and ensure greater transparency for consumers.
