Central BanksHigh impact
Govt cuts petrol, diesel prices by Rs1.97 per litre each
Business Recorder·13 hours ago·Global·1 min read
Source: Business Recorder
The federal government on Friday reduced the prices of petrol and high-speed diesel (HSD) by Rs1.97 per litre, with the revised rates taking effect from July 4, 2026.
According to a notification issued by the Ministry of Energy (Petroleum Division), the ex-depot price of petrol (Motor Spirit) has been reduced from Rs299.50 per litre to Rs297.53 per litre.
The price of High-Speed Diesel (HSD) has also been lowered from Rs311.47 per litre to Rs309.50 per litre.
The revised prices will remain effective from July 4 until the next weekly review.
Pakistan reviews petroleum product prices on a weekly basis, with revisions based on changes in international oil prices and the exchange rate.
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