New weekly fuel prices come into effect from July 4, offering slight relief to motorists and the transport sector across Pakistan.
The federal government has announced a reduction in the prices of petrol and high-speed diesel (HSD), providing modest relief to consumers across Pakistan. The revised fuel prices became effective on July 4, 2026, and will remain in force until the next weekly price review.
According to an official notification issued by the Ministry of Energy (Petroleum Division), the ex-depot price of petrol (Motor Spirit) has been reduced by Rs1.97 per litre. Following the latest revision, the new petrol price has been fixed at Rs297.53 per litre, down from the previous rate of Rs299.50 per litre.
Similarly, the government has also decreased the price of High-Speed Diesel (HSD) by Rs1.97 per litre. The revised HSD price now stands at Rs309.50 per litre, compared to the earlier rate of Rs311.47 per litre.
High-speed diesel is widely used by commercial transport, heavy machinery, and the agricultural sector, making its price an important factor for freight and farming costs.
The latest reduction is expected to provide limited financial relief to motorists, transport operators, and businesses that rely heavily on fuel. Although the cut is relatively small, it may help ease transportation expenses and slightly reduce operating costs for commercial vehicles during the current review period.
Pakistan now follows a weekly petroleum price adjustment mechanism, under which fuel prices are reviewed every seven days.
The government determines new rates by considering fluctuations in international crude oil prices and changes in the Pakistani rupee’s exchange rate against the US dollar. This pricing system allows authorities to respond more quickly to movements in the global energy market.
The newly announced petrol and diesel prices will remain applicable from July 4, 2026, until the next weekly review is conducted. Consumers and businesses are advised to stay updated with future government notifications, as fuel prices may continue to fluctuate depending on international market trends and currency movements.
The weekly review mechanism aims to ensure that domestic petroleum prices remain aligned with prevailing global market conditions while reflecting changes in import costs.