Government Cuts Petrol Price but Raises Diesel Price

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The federal government has announced new petrol and diesel prices under the revised daily petroleum pricing mechanism.

According to a notification issued by the Petroleum Division, the price of petrol has been reduced by Rs0.35 per liter. Meanwhile, high-speed diesel has become Rs5.71 per litre more expensive.

The revised prices will take effect from July 21, 2026.

Fuel Previous Price New Price Change
Petrol Rs316.15/litre Rs315.80/litre -Rs0.35
Diesel Rs354.35/litre Rs360.06/litre +Rs5.71

Under the government’s new pricing mechanism, Ogra will revise petrol and diesel prices daily based on movements in the international oil market.

These prices will remain valid for 24 hours and may be revised the following day again.

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