The federal government has revised petroleum prices again, announcing a slight reduction in the rates of petrol and high-speed diesel (HSD) for August 1 to August 3, 2026.
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According to a press release issued by the Ministry of Energy’s Petroleum Division, the ex-depot price of petrol has been reduced by Rs0.12 per litre, from Rs336.15 to Rs336.03 per litre.
The price of high-speed diesel (HSD) has also been cut by Rs0.66 per litre, declining from Rs393.04 to Rs392.38 per litre.
The ministry said the latest prices were determined under the federal government’s petroleum pricing mechanism following a revision by the Oil and Gas Regulatory Authority (OGRA).
The latest rates will remain effective from August 1 to August 3, 2026, according to the Ministry of Energy.
The latest reduction follows another petroleum price revision announced by the federal government just a day earlier.
Under that notification, effective from July 31, 2026, the government had increased the price of petrol by Rs1.09 per litre, taking it from Rs335.06 to Rs336.15.
The price of HSD was also increased by Rs2.42 per litre, rising from Rs390.62 to Rs393.04.
The July 31 revision was also made under the government’s petroleum pricing mechanism based on recommendations from OGRA.
Why Were Fuel Prices Revised Again?
The latest adjustment means the petrol and diesel rates announced for July 31 have been slightly revised again for the first three days of August.
The government reviews petroleum prices under its pricing mechanism, taking into account factors that affect domestic fuel rates. The latest revision provides a marginal reduction for consumers, although the change is relatively small.
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For motorists, the petrol price will now stand at Rs336.03 per litre, while consumers will pay Rs392.38 per litre for high-speed diesel during the August 1-3 period.
The government is expected to review petroleum prices again as the current short-term rates approach their expiry.
