Pakistan began the New Year with significant relief for consumers as the federal government announced a sharp reduction in petroleum prices for the next fortnight, effective from January 1, 2026.
According to a statement issued by the Petroleum Division, the price of petrol has been reduced by Rs10.28 per litre, bringing the new rate to Rs253.17 per litre. The revised prices will remain in effect until January 15, 2026.
Similarly, the price of high-speed diesel (HSD) has been lowered by Rs8.57 per litre, with the new rate fixed at Rs257.08 per litre. The decision was taken on the recommendations of the Oil and Gas Regulatory Authority (OGRA) and approved by the federal government.
In the previous fortnightly review, the government had reduced diesel prices by Rs14 per litre while keeping petrol prices unchanged.
Petrol is widely used by commuters, particularly those relying on motorcycles, rickshaws, and small vehicles, making fuel price cuts especially beneficial for middle- and lower-middle-income households.
High-speed diesel, on the other hand, plays a crucial role in the transport and agricultural sectors. Its price is considered inflation-sensitive as it directly affects the cost of transporting goods and operating agricultural machinery, contributing to food price trends across the country.
The latest reduction is expected to ease transportation costs and provide some relief from inflationary pressures.
Key Prices:
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Petrol: Reduced from Rs263.45 to Rs253.17 per litre
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High-Speed Diesel: Reduced from Rs265.65 to Rs257.08 per litre
