Government Increases Petrol Price by Rs13.18, Diesel by Rs13.80
Story so far
The government has increased the price of petrol by Rs13.18 per litre and high-speed diesel (HSD) by Rs13.80 per litre, effective from July 11, 2026. Following this adjustment, the new price of petrol stands at Rs310.71 per litre, up from its previous rate of Rs297.53 per litre. The price of HSD has risen to Rs323.30 per litre from Rs309.50 per litre.
Latest updates
Public reaction to the petrol price hike includes expressions of anger towards the government. Reports also highlight that while Saudi crude oil prices have become cheaper, petrol prices in Pakistan have continued to rise. Additionally, there are discussions regarding the government and opposition being united on privileges in relation to the petrol price situation.
Miftah Ismail has criticized the government regarding the petrol price hike. Separately, the Markazi Muslim League has staged protests in Islamabad against the increase in petroleum prices. Public demand for the petrol price to be Rs 150 per liter has also been noted.
The Muttahida Qaumi Movement-Pakistan (MQM-P) has stated that common citizens are bearing the brunt of the petrol price increase. The fuel price hike has sparked public outrage, with citizens demanding relief. Miftah Ismail has also criticized the increase in petrol prices.
In Lahore, the Rickshaw Union has initiated protests against the rising petroleum prices. The government has announced new petroleum prices in Pakistan, leading to public demands for relief.
The recent increase in petrol and diesel prices has been challenged in court. Additionally, Miftah Ismail has criticized the government's policies regarding the price hike.
Following the increase in petroleum product prices effective July 11, 2026, residents in Lahore have expressed worry over the rising costs. The public is also widely criticizing the government regarding the petrol price hike. Available reports indicate that the government has increased the petroleum levy.
On July 11, 2026, residents in Karachi expressed disappointment and anger over the increase in petroleum product prices.
On July 11, 2026, alongside the increase in petrol and high-speed diesel prices, the diesel levy has also reportedly reached Rs80 per litre.
The federal government has increased the petroleum levy on petrol by Rs9.64 per litre, raising it to Rs80 per litre from the previous rate of Rs70.36 per litre. This higher levy is expected to add to the financial burden on consumers.
Additionally, the price of kerosene oil has been raised by Rs11.19 per litre, with the new price set at Rs242.33 per litre, up from Rs231.14 per litre.
The government announced the increase on Friday, July 10, 2026. The notification for the revised prices was issued by the Petroleum Division. In the preceding review, the federal government had reduced petrol and diesel prices by Rs1.97 per litre each. Globally, oil prices experienced a decline on Friday following recent US-Iran fighting, with Brent futures dropping by 52 cents to $75.78 a barrel and US West Texas Intermediate crude falling by 83 cents to $71.25. Despite this, Brent was on track for a weekly gain of approximately 5.13%, and WTI for about 3.76%.
Responses