Petrol price will cost Rs391.22 and high-speed diesel Rs421.45 per litre from September 17, 2026 under the daily pricing mechanism.
ISLAMABAD, September 16, 2026: The federal government has increased the prices of petrol and high-speed diesel (HSD) by Rs6.88 and Rs5.62 per litre, respectively, effective from Thursday, September 17, 2026.
According to the latest Oil and Gas Regulatory Authority (OGRA) notification, the price of petrol has been fixed at Rs391.22 per litre, while HSD will cost Rs421.45 per litre.
The latest revision follows another increase announced for September 16, when petrol was raised by Rs4.10 per litre and HSD by Rs6.41 per litre. The latest rates represent the eighth consecutive daily increase in petroleum prices, according to reports.
Daily fuel pricing mechanism
The latest price revision has been made under the government’s new daily petroleum pricing mechanism, introduced in July 2026 to allow domestic fuel prices to respond more quickly to movements in international oil markets.
Under the framework approved by the federal government, OGRA calculates and publishes petroleum product prices on a daily basis. Petrol and HSD prices are linked to a seven-working-day rolling average of Platts Arab Gulf assessments, alongside applicable premiums, import-related costs and other pricing components.
Prices announced on Fridays remain unchanged during Saturday and Sunday under the mechanism.
New petrol and diesel prices
The revised prices effective September 17 are:
| Petroleum product | Previous price | New price | Increase |
| Petrol | Rs384.34/litre | Rs391.22/litre | Rs6.88 |
| HSD | Rs415.83/litre | Rs421.45/litre | Rs5.62 |
The increase was primarily attributed to higher international petrol and diesel prices, along with changes in Platts rates, premiums and other relevant pricing factors.
Government introduces targeted fuel relief scheme
The latest increase comes as the government is also working on a targeted relief scheme for consumers most affected by rising petroleum prices.
Prime Minister Shehbaz Sharif has announced a proposed Rs100 per litre subsidy on petrol for motorcycles, three-wheelers and cars with engines of up to 800cc.
Under the proposed scheme, around 11.8 million beneficiaries would receive relief.
Approximately 10 million motorcycle users and 800,000 three-wheeler users would be eligible for a maximum of 20 litres of subsidised petrol per month. This would provide a maximum monthly benefit of Rs2,000 per beneficiary.
Around one million users of cars with engines of up to 800cc would be eligible for relief on up to 30 litres per month, with a maximum benefit of Rs3,000.
The government has estimated the scheme’s monthly fiscal impact at approximately Rs24.6 billion.
Global oil market volatility
Pakistan’s domestic fuel prices continue to be affected by movements in international petroleum markets.
The government introduced the daily pricing mechanism in July amid heightened volatility in global oil markets. The Petroleum Division said the reform was aimed at improving transparency, consumer protection and competition in the petroleum sector.
The latest increase therefore comes against a backdrop of elevated international oil and petroleum product prices, with changes in benchmark prices feeding through to domestic rates under the new pricing system.
Petrol and HSD prices effective September 17
With the latest adjustment, petrol will be sold at Rs391.22 per litre and HSD at Rs421.45 per litre from September 17, 2026.
The daily pricing framework means domestic petroleum rates can continue to change in response to international market movements and other components of the pricing formula.