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Petrol, Diesel Prices Slashed as Pakistan Steps Into 2026 with Relief for Consumers

The Government of Pakistan has announced a major reduction in petrol and diesel prices, offering welcome relief to the public at the start of 2026. The revised prices will take effect from January 1, 2026.

According to the official notification, the price of High-Speed Diesel (HSD) has been reduced by Rs8.57 per liter, bringing the new rate to Rs257.08, down from Rs265.65 per liter.

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Similarly, petrol (Motor Spirit) has seen a sharper cut of Rs10.28 per liter, with the new price fixed at Rs253.17. The reduction is being viewed as significant amid ongoing pressure from inflation and rising household expenses.

The Ministry of Energy (Petroleum Division) said the decision was made on the recommendations of the Oil and Gas Regulatory Authority (OGRA) after assessing global oil prices and domestic market trends.

In the previous fuel review, diesel prices were reduced by Rs6, while petrol rates remained unchanged, making the latest cut more impactful for transporters, commuters, and businesses alike.

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