Petrol Prices Reduced in Pakistan

Updated: 7:53 AM PKT — May 30, 2026

The federal government has announced a reduction of Rs. 22 per litre in the prices of both petrol and high-speed diesel. Following the cut, the new price for petrol is Rs. 381.78 per litre, while diesel is now priced at Rs. 380.78 per litre.

The price adjustment includes a decrease in the petroleum levy on petrol by Rs. 10.83 per litre, but an increase in the levy on diesel by Rs. 10.93 per litre. Prime Minister Shehbaz Sharif stated that providing public relief remains his government’s top priority. The local price reduction coincides with a drop in international crude oil prices.

Updated: 11:45 PM PKT — May 29, 2026

In addition to the previously announced price cuts for petrol and high-speed diesel, the government has also significantly reduced the price of kerosene oil. The Oil and Gas Regulatory Authority (OGRA) issued a notification confirming a reduction of Rs 41.44 per litre.

Following the cut, the new price for kerosene oil has been set at Rs 272 per litre, down from its previous price of Rs 313.44 per litre. The new prices for all petroleum products are effective after midnight.

Updated: 8:40 PM PKT — May 29, 2026

The federal government has announced a significant reduction in petroleum product prices, slashing the rates of both petrol and high-speed diesel by Rs 22 per litre. The announcement was made on the third day of Eid al-Adha.

Following the cut, the new price for petrol is set at Rs 381.78 per litre, while high-speed diesel will now cost Rs 380.78 per litre. A statement from the Prime Minister’s Office said the price reduction fulfills a promise by Prime Minister Shehbaz Sharif to provide relief to the public, calling it a top priority.

Updated: 8:10 PM PKT — May 29, 2026

The federal government announced the significant price reduction on the third day of Eid, marking the second consecutive week of cuts after a smaller reduction of Rs 6-7 per litre the previous week. With the latest revision, the price of petrol is now Rs 381.78 per litre, down from Rs 403.78, while high-speed diesel has dropped to Rs 380.78 from Rs 402.78 per litre.

Officials stated the move is part of a continued effort to ease financial pressure on citizens, noting that fuel subsidies are also in place for public transport, goods carriers, motorcycles, and rickshaws. Petroleum prices are currently being revised weekly on Fridays.

Updated: 7:39 PM PKT — May 29, 2026

The federal government on Friday announced a significant reduction in the prices of petroleum products, slashing the rates of both petrol and high-speed diesel by Rs. 22 per litre each.

A statement from the Prime Minister’s Office confirmed the decision was made to provide relief to the public. With the latest revision, the new price for petrol is Rs. 381.78 per litre, while diesel will be sold at Rs. 380.78 per litre. Prime Minister Shehbaz Sharif stated that providing relief to the people remains his foremost priority.