Petrol price rises Rs2.29, HSD up Rs1.11 per litre from September 3

The federal government has increased the prices of petrol and high-speed diesel (HSD) by Rs2.29 and Rs1.11 per litre, respectively, with the revised rates taking effect from September 3, 2026.

 

According to the Petroleum Division, the Oil and Gas Regulatory Authority (OGRA) revised the ex-depot prices of petroleum products under the government's recently introduced daily petroleum pricing mechanism.

 

Following the latest revision, the price of petrol, or Motor Spirit (MS), has increased from Rs343.87 per litre to Rs346.16 per litre. Meanwhile, the price of High-Speed Diesel (HSD) has risen from Rs370.92 per litre to Rs372.03 per litre.

 

The increase marks another adjustment under the new pricing framework, which allows domestic petroleum prices to be revised more frequently in response to changes in international oil markets and other relevant cost factors.

 

Petrol is widely consumed by private vehicles, motorcycles, rickshaws and other light transport, meaning changes in its price directly affect the daily commuting and transportation costs of households.

 

Meanwhile, HSD plays a critical role across Pakistan's broader economy, particularly in the transport, agriculture and industrial sectors. It is extensively used by trucks, buses, tractors, tube wells and other heavy machinery involved in the movement and production of goods.

 

Higher diesel prices can consequently add to freight, agricultural and business operating costs, potentially contributing to broader inflationary pressures.

 

The latest revision comes as consumers and businesses continue to face concerns over rising energy and transportation expenses. Under the daily pricing mechanism, petroleum product prices can now be adjusted more quickly to reflect movements in global oil prices and other components influencing domestic fuel costs.