Islamabad, April 24, 2026 – The government of Pakistan has announced a significant increase in fuel prices, raising petrol and high-speed diesel (HSD) rates by Rs26.77 per litre for the upcoming week, according to an official notification issued by the Ministry of Energy.
The new prices will take effect from April 25. Following the revision, the price of HSD has increased to Rs380.19 per litre from Rs353.42, while petrol now stands at Rs393.35 per litre, up from Rs366.58.
The latest adjustment comes amid ongoing fluctuations in global oil markets and domestic cost pressures, which continue to impact fuel pricing in Pakistan. Authorities have not provided detailed reasons for the latest increase, but such revisions are typically influenced by international crude oil trends, exchange rate movements, and import costs.
Earlier last week, Prime Minister Shehbaz Sharif had announced a reduction of Rs32.12 per litre in diesel prices, bringing it down from Rs385.54 to Rs353.43. The prime minister, during an official visit to Türkiye, stated that the government was committed to ensuring that relief from fuel price cuts was passed directly to consumers.
However, despite the diesel reduction, no changes were made to petrol or liquefied natural gas (LNG) prices at that time, reflecting a selective approach to fuel adjustments.
The latest hike is expected to impact transportation costs and inflationary pressures across multiple sectors, particularly logistics, agriculture, and public transport. Economists warn that rising fuel prices may further increase the cost of living if sustained over time.
The government continues to review fuel pricing on a fortnightly basis in line with international market dynamics and fiscal considerations.