Petrol, diesel prices rise as petroleum levy hits maximum limit
At a glance
- Petrol price increased by Rs 0.27 to Rs 337.78 per litre.
- High-speed diesel price increased by Rs 1.64 to Rs 364.70 per litre.
- The petroleum levy on both fuels has reached its maximum limit of Rs 80 per litre.
Story so far
Under a daily pricing mechanism, the government has adjusted fuel prices for August 21. The price of petrol has been increased by Rs 0.27 to Rs 337.78 per litre, and high-speed diesel by Rs 1.64 to Rs 364.70. This latest change coincides with the petroleum levy reaching its maximum allowed limit of Rs 80 per litre. The government also recently averted a nationwide strike by agreeing to increase dealer margins starting from September 1.
Latest development
The government has increased petrol and diesel prices for August 21, with the adjustment coming as the petroleum levy on both products reached its maximum legal limit of Rs 80 per litre. The price of petrol rose by Rs 0.27 to Rs 337.78, while diesel increased by Rs 1.64 to Rs 364.70 per litre.
Latest updates
The latest price adjustment comes as the Petroleum Levy (PL) on both petrol and high-speed diesel has reached its maximum legal limit of Rs 80 per litre. In addition to the PL, consumers are paying Rs 21 per litre in customs duty on petrol and Rs 15.68 per litre on HSD, along with a Rs 5 per litre Climate Support Levy on both fuels.
The government has also averted a nationwide strike by the Pakistan Petroleum Dealers Association (PPDA) by agreeing to an increase in dealer margins. Following an approval from the Economic Coordination Committee (ECC), dealer margins will rise by Rs 1.34 per litre to Rs 9.98, effective from September 1, 2026.
On Thursday, Petroleum Minister Pervaiz Malik thanked local refineries for providing relief by reducing diesel prices by Rs 32 per litre in response to a government appeal amidst volatile global markets.
Latest Fact Checks
Petrol price up by 27 paise, HSD’s by Rs1.64
ISLAMABAD: The Petroleum Division has announced nominal increase in prices of petrol and High-Speed Diesel (HSD) for August 21. The adjustment comes as the Petroleum Levy (PL) on both products reaches the maximum limit of Rs80 per litre. With the lat
Govt hikes petrol price by Rs0.27, high-speed diesel by Rs1.64
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Petrol Price hits Rs337.78, Diesel Rs364.70 as Fuel Prices rise again
ISLAMABAD – Petrol and diesel prices in Pakistan have been increased, with the new rates coming into effect from August…
Govt increases diesel price by Rs1.64, petrol's by Re0.27 per litre
The federal government increased the price of High-Speed Diesel (HSD) by Rs1.64 per litre and petrol by Re0.27 per litre, effective Friday, August 21. According to a notification issued by the Ministry of Energy (Petroleum Division), the Oil and Gas
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