The federal government on Tuesday announced an increase in the prices of petroleum products, with the revised rates coming into effect from July 22, 2026.
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According to a press release issued by the Ministry of Energy (Petroleum Division), the Oil and Gas Regulatory Authority (OGRA) revised the ex-depot prices of petroleum products under the government’s updated petroleum pricing mechanism.
The price of Motor Spirit (petrol) has been increased by Rs4.93 per litre, raising the retail price from Rs315.80 to Rs320.73 per litre.
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Meanwhile, the price of High-Speed Diesel (HSD) has gone up by Rs7.15 per litre, increasing from Rs360.06 to Rs367.21 per litre.
The revised prices became effective from July 22, 2026, and will remain applicable for the next 24 hours.
The latest increase comes amid changes in the petroleum pricing mechanism notified by the federal government.
Earlier to this, Petrol dealers across Pakistan have announced an indefinite nationwide strike from 12:00 midnight on July 22, following the failure of negotiations with the federal government over their demands.
The decision was released by the All Pakistan Petrol Pumps Owners Association, which said all petrol pumps across the country would remain closed until the government accepts their demands.
According to the association, discussions with the Federal Petroleum Minister failed to produce a breakthrough on key issues, including an increase in dealers’ profit margins and the implementation of a daily fuel price adjustment mechanism.
Following the unsuccessful talks, the association announced that petrol pumps would suspend operations nationwide from midnight on July 22.
The association said its primary demands include increasing dealers’ margins and addressing concerns over the proposed daily petroleum pricing system.
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Representatives argued that existing dealer margins are insufficient to meet rising operational costs and warned that introducing daily fuel price revisions without resolving their concerns would further burden retailers.
The strike, they said, will continue until the government reaches an acceptable agreement with petroleum dealers.
Meanwhile, Shoaib Khan, a central leader of the All Pakistan Petroleum Retailers Association, announced the organisation’s full support for the nationwide protest.
