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Diesel and Petrol Price in Pakistan

Current Petrol Price in Pakistan is Rs. 279.75/Ltr, High Speed Diesel is Rs. 287.33/Ltr and Light Speed Diesel is Rs 166.86/Ltr.

Petroleum Prices in Pakistan Today

Prices w.e.f 1-March-2024

Petroleum Type Old Price New Price Difference

Petrol

PKR 275.62
PKR 279.75
+4.13

High Speed Diesel (HSD)

PKR 287.33
PKR 287.33
-

Light Diesel Oil (LDO)

PKR 166.86
PKR 166.86
-

Kerosene Oil

PKR 186.86
PKR 186.86
-

 

Types of Petroleum in Pakistan

Petroleum, commonly called crude oil, is a naturally existing liquid beneath the Earth's surface. It originates from the gradual decomposition of organic matter over an extended period. This fossil fuel is important as it undergoes refinement processes in specialized refineries. Moreover, some common types of petroleum are as follows:

  1. Petrol (Super)
  2. High-speed diesel
  3. Light-speed diesel
  4. Kerosene
  5. Liquified petroleum gas (LPG)
  6. Compressed Natural gas (CNG)

Let’s delve into the updated prices of these different types of petroleum. Each type will provide the latest price to the consumers.

Petrol (Super) Price in Pakistan

This kind of petrol is also known as super with a higher octane rating that provides excellent engine performance. It is significantly used in bikes and cars. The petrol price in Pakistan is PKR 279.75, according to the latest updates.

High Speed Diesel Price in Pakistan

High-speed diesel usually powers commercial vehicles and enables them to pass 7500 RPMs. It is the ideal choice for heavy-duty cars, trucks, and buses. Additionally, the price of high-speed diesel in Pakistan is PKR 287.33, with a slight increase of Rs 8.37.

Light Speed Diesel Price in Pakistan

Light speed diesel prices in Pakistan usually operate medium-sized vehicles. These vehicles typically need more power than personalized used vehicles. The light-speed diesel price in Pakistan is Rs. 166.86.

Kerosene Oil Price in Pakistan

Kerosene oil holds great demand in petroleum industries across Pakistan. It usually imparts power to small machines and equipment. The kerosene oil price in Pakistan is PKR 186.86.

LPG Price in Pakistan

Pakistan imports Liquefied Natural Gas (LNG), and Liquefied Petroleum Gas (LPG) is derived from this source. LPG serves dual purposes in Pakistan. It is being used both as a vehicle fuel. However, it also meets the household requirements for natural gas. The liquid petroleum price in Pakistan is RS 254.86 per kg, effective December 1, 2023.

Compressed Natural Gas (CNG)

Compressed Natural Gas (CNG) is a clean-burning alternative fuel derived from natural gas, primarily composed of methane. It undergoes compression to reduce its volume for storage and transportation. It typically can reach pressures of 3,000 to 3,600 psi. CNG is cheaper than diesel fuel.

High Octane Price in Pakistan

Among the highest petrol prices in the world, Pakistan's high octane petrol commands a significant price due to its superior quality and performance benefits.

Note: OGRA does not control Hi-Octane petrol prices in Pakistan. Thus, Hi-Octane prices vary across different Petrol Pumps.

Highest Petrol Rate in Pakistan

The highest petrol price in Pakistan's history was Rs 331.38 per liter in January 2023. However, it also occasionally looms around the 230 mark whenever petroleum products are in high demand globally, as is the case these days.

Euro Fuel Emission Standards in Pakistan

Pakistan has officially adopted the Euro V emission standards to improve the engine performance of our vehicles. This also helps create a greener environment for Pakistan's future generations.

Previously, Pakistan adopted the Euro II Emission Standards in 2012, when Euro II was already outdated. Now, Pakistan has skipped Euro III and Euro IV to adopt Euro V standards in 2020 which was introduced in 2009 in other countries. Many countries have been following Euro VI Emission Standards since 2014 and would switch to Euro VII, which is expected around 2025.

Petrol Price - 2018 and Beyond

Based on the value of the Rupee in the international market, the oil prices also fluctuate. Since 2018, due to the devaluation of the Rupee, oil prices in the global market have also increased in Pakistan.

In 2021, the government of Pakistan tried to regulate petrol prices in the country by decreasing the tax margin. Although effective, the strategy was a short-term solution. Issues like this are common for developing countries like Pakistan that highly rely on imported oil. This leads to inflation in the oil prices and makes it difficult for consumers to buy petrol.

The Oil and Gas Regulatory Authority (OGRA) controls the petrol rates in Pakistan. OGRA has a practice of revising all fuel prices twice a month. The new prices are announced on the 15th and the last day of each month and usually remain in effect for the next 15 days.

Historical Background of Petrol Rate

During 1990, people used only fuels in their cars due to the later evolution of CNG. The people considered it easy to top up their cars with fuel. However, the cost of petrol has been constantly rising since then. During the regime of Zardari, petrol prices were at their peak. The prices were considerably low at the end of the Nawaz Sharif regime. Due to the interim constitution, the government became unstable.

Furthermore, the prices of petrol remained constant since that time. The Oil and Regulatory Gas Authority (OGRA) sets oil prices today and in the future. The petrol price in Pakistan can vary depending upon several factors. It includes the economic condition of the country, geopolitical factors, and government policies. However, you can check it here on PakWheels.

History of Petrol Prices in Pakistan

Date Petrol Price (PKR)
March 1, 2024 279.75
February 16, 2024 275.62
February 1, 2024 272.89
January 16, 2024 259.34
January 1, 2024 267.34
December 16, 2023 267.34
December 1, 2023 281.34
November 16, 2023 281.34
November 01, 2023 283.38
October 16, 2023 283.38
October 01, 2023 323.38
September 16, 2023 331.38
September 01, 2023 305.36
August 16, 2023 290.45
August 01, 2023 272.95
July 16, 2023 253.00
June 01, 2023 262.00
May 16, 2023 270.00
April 16, 2023 282.00
March 16, 2023 272.00
March 01, 2023 267.00
February 16, 2023 272.00
January 29, 2023 249.80
December 16, 2022 214.80
November 16, 2022 224.48
November 01, 2022 224.48
October 16, 2022 224.48
October 01, 2022 224.48
September 22, 2022 237.43
September 01, 2022 235.98
August 15, 2022 233.91
August 01, 2022 227.19
July 15, 2022 230.34
July 01, 2022 248.74
June 16, 2022 233.89
June 03, 2022 209.86
May 27, 2022 179.86
March 01, 2022 149.86
February 16, 2022 159.86
January 16, 2022 147.83
January 01, 2022 144.82
December 16, 2021 140.82
December 01, 2021 145.82
November 16, 2021 145.82
November 05, 2021 145.82
November 01, 2021 137.79
October 16, 2021 137.79
October 01, 2021 127.30
September 16, 2021 123.30
September 01, 2021 118.30
August 16, 2021 119.80
August 01, 2021 119.80
July 16, 2021 118.08
July 01, 2021 112.69
June 16, 2021 110.69
June 01, 2021 108.56
May 18, 2021 108.56
May 01, 2021 108.56
April 16, 2021 108.56
April 01, 2021 110.35
March 16, 2021 111.90
March 01, 2021 111.90
February 16, 2021 111.90
February 01, 2021 111.90
January 16, 2021 109.20
January 01, 2021 106.00
December 16,2020 103.69
December 01,2020 100.69
November 16,2020 100.69
November 01,2020 102.40
October 16,2020 103.97
October 01,2020 103.97
September 16,2020 103.97
September 01,2020 103.97
August 01,2020 103.97
June 26,2020 100.11
June 01,2020 74.52
May 01,2020 81.58
March 25,2020 96.58
March 01,2020 111.59
February 01,2020 116.60
January 01,2020 116.60
December 01,2019 113.99
November 01,2019 114.24
October 01,2019 113.24
September 01,2019 113.24
August 01,2019 117.83
July 01,2019 112.68
June 01,2019 112.68
May 05,2019 108.42
May 01,2019 98.89
April 01,2019 98.89
March 01,2019 92.89
February 01,2019 90.38
January 01,2019 90.97
December 01,2018 95.83
November 01,2018 97.83
October 01,2018 92.83
September 01,2018 92.83
August 01,2018 95.24
July 08,2018 95.24
July 01,2018 99.50
June 12,2018 91.96
June 01,2018 87.70
May 01,2018 87.70
April 01,2018 86.00
March 01,2018 88.07
February 01,2018 84.51
January 01,2018 81.53
December 01,2017 77.47
November 01,2017 75.99
October 01,2017 73.50
September 01,2017 71.50
August 06,2017 69.50
August 01,2017 71.30
July 01,2017 71.30
June 01,2017 72.80
May 01,2017 74.00
April 01,2017 74.00
March 01,2017 73.00
February 16,2017 71.29
February 01,2017 70.29
January 16,2017 68.04
January 01,2017 66.27
December 01,2016 66.27
November 01,2016 64.27
October 01,2016 64.27
September 01,2016 64.27
August 01,2016 64.27
July 01,2016 64.27
June 01,2016 64.27
May 01,2016 64.27
April 01,2016 64.27
March 01,2016 62.77
February 01,2016 71.25
January 01,2016 76.25
December 01,2015 76.26
November 01,2015 76.26
October 01,2015 73.76
September 01,2015 73.76
August 01,2015 76.76
July 01,2015 77.79
June 01,2015 77.79
May 01,2015 74.29
April 01,2015 74.29
March 01,2015 70.29
February 01,2015 70.29
January 01,2015 78.28
December 01,2014 84.53
November 01,2014 94.19
October 01,2014 103.62
September 01,2014 106.56
August 01,2014 107.97
July 01,2014 107.97
June 01,2014 107.97
May 01,2014 107.97
April 01,2014 108.31
March 01,2014 110.03
February 01,2014 112.76
January 01,2014 112.76
December 01,2013 112.76
November 01,2013 112.76
October 01,2013 113.24
September 01,2013 109.13
August 01,2013 104.50
July 09,2013 101.77
June 21,2013 99.77
June 13,2013 100.63
June 01,2013 99.77
May 01,2013 97.59
April 01,2013 102.30
March 04,2013 103.07
March 01,2013 106.60
January 22,2013 103.07
December 22,2012 101.42
November 22,2012 102.65
October 22,2012 101.42
October 15,2012 103.4
October 08,2012 105.49
October 01,2012 102.45
September 24,2012 108.45
September 17,2012 106.72
September 10,2012 99.90
September 01,2012 104.55
August 23,2012 96.78
August 16,2012 93.57
August 01,2012 93.57
July 16,2012 85.90
July 01,2012 84.99
June 16,2012 89.51
June 01,2012 99.97
May 01,2012 103.36
April 04,2012 103.36
April 01,2012 105.68
March 01,2012 97.66
February 01,2012 94.91
January 01,2012 89.54
December 01,2011 87.89
November 01,2011 87.41
October 01,2011 88.95
August 26,2011 84.80
August 01,2011 84.80
July 01,2011 83.71
June 01,2011 86.71
May 01,2011 88.41
April 01,2011 83.56
March 15,2011 76.58
March 01,2011 80.19
February 01,2011 72.96
January 07,2011 72.96
January 01,2011 79.67
December 01,2010 72.96
November 01,2010 72.96
October 22,2010 101.08
October 01,2010 66.99
September 01,2010 67.26
August 01,2010 67.74
July 01,2010 67.95
June 01,2010 69.04
May 01,2010 75.08
April 01,2010 73.14
March 01,2010 70.57
February 01,2010 71.21
January 01,2010 65.11
December 01,2009 66
November 01,2009 61.63
October 01,2009 61.63
September 01,2009 65.26
August 01,2009 60.46
July 09,2009 62.13
July 08,2009 50.53
July 01,2009 62.13
June 01,2009 56.21
May 22,2009 56.21
May 01,2009 57.66
April 01,2009 57.66
March 01,2009 57.66
February 01,2009 57.66
January 01,2009 57.66
December 16,2008 57.66
December 01,2008 51.66
November 16,2008 66.66
November 01,2008 76.66
October 16,2008 81.66
October 01,2008 81.66
September 16,2008 81.66
September 01,2008 86.66
August 16,2008 86.66
August 01,2008 86.66
July 21,2008 86.66
July 01,2008 75.69
June 29,2008 75.69
June 22,2008 68.81
June 01,2008 68.81
May 16,2008 68.81
May 01,2008 68.81
April 18,2008 65.81
April 01,2008 62.81
March 16,2008 62.81
March 01,2008 58.70
February 16,2008 53.70
January 01,2008 53.70
December 16,2007 53.70
December 02,2007 53.70
November 16,2007 53.70
November 02,2007 53.70
October 16,2007 53.70
October 01,2007 53.70
September 16,2007 53.70
September 01,2007 53.70
August 25,2007 53.7
August 01,2007 53.70
July 16,2007 53.70
July 01,2007 51.70
June 16,2007 51.70
June 01,2007 51.70
May 16,2007 51.70
May 01,2007 51.70
April 16,2007 51.70
April 01,2007 51.70
January 16,2007 51.70
December 01,2006 55.55
November 16,2006 55.55
October 16,2006 55.55
September 16,2006 55.55
August 16,2006 55.55
July 16,2006 53.70
June 16,2006 55.55
June 01,2006 55.55
May 16,2006 55.55
May 01,2006 55.55
January 01,2006 62.13

 

PKR 259.34

Petrol Price Faqs

The cost of 1 Liter Petrol in Pakistan is currently PKR 275.62/Ltr.
Highest petrol price in Pakistan recorded was for 2023-09-01 during which petrol is available at a staggering PKR 331.38/Ltr.
Petrol prices in Pakistan are calculated based on a formula that takes into account factors such as international oil prices, exchange rates, taxes, freight charges, distribution margins, and dealer commissions.
The Oil and Gas Regulatory Authority (OGRA) is responsible for regulating and determining petrol prices in Pakistan, in consultation with the government and relevant stakeholders.
Petrol prices in Pakistan can vary compared to other countries due to variations in taxes, subsidies, transportation costs, and domestic energy policies. International oil market trends also influence relative price differences.

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