The federal government announced a reduction in the prices of petroleum products, with the new rates taking effect from August 4, 2026, following a revision by the Oil and Gas Regulatory Authority (OGRA).
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According to a press release issued by the Ministry of Energy (Petroleum Division), the price of Motor Spirit (petrol) has been reduced by Rs4.08 per litre, bringing it down from Rs336.03 to Rs331.95 per litre.
Similarly, the price of High-Speed Diesel (HSD) has been cut by Rs2.45 per litre, lowering it from Rs392.38 to Rs389.93 per litre.
The Petroleum Division said the price adjustment has been made under the federal government’s revised petroleum pricing mechanism on the recommendations of OGRA.
The new prices will remain effective from August 4 until the next official review.
Earlier to this, 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.
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.
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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.
