Islamabad, Pakistan — The federal government today announced a significant adjustment in petroleum product prices for the next fortnight, sharply increasing the cost of high-speed diesel while keeping petrol prices constant.
According to the official notification issued by the Petroleum Division, based on the recommendations of the Oil and Gas Regulatory Authority (OGRA), the price of high-speed diesel (HSD) has been raised by Rs 11.30 per litre. The new diesel price has been fixed at Rs 268.38 per litre, up from Rs 257.08 in the previous pricing cycle.
In contrast, the price of petrol (Motor Spirit) has been maintained at Rs 253.17 per litre, offering no change for private vehicle owners and commuters relying on petrol-powered transport. The unchanged petrol rate is expected to remain in effect until the next review, scheduled for mid-February.
Diesel is a critical fuel for Pakistan’s transport, agriculture, and industrial sectors. The substantial hike in HSD pricing is likely to translate into higher transportation and logistics costs, which analysts warn could feed into inflationary pressures across goods and services, including food and commodities.
Industry stakeholders and transport associations have expressed concern, noting that diesel price increases historically lead to higher freight and public transport fares, affecting both businesses and consumers.
Fuel prices in Pakistan are reviewed on a fortnightly basis, taking into account global crude oil price movements, exchange rate fluctuations, and applicable taxes and levies. These adjustments are then recommended by OGRA and finalized by the Petroleum Division.
This latest revision comes amid ongoing volatility in international oil markets and domestic economic pressures that continue to influence policymaking in the energy sector.