Petrol Price Reduced in Pakistan by Rs. 6 Per Litre, New Rates Announced

The federal government has announced a major reduction in petroleum prices in Pakistan, providing relief to consumers across the country. According to an official notification issued by the Petroleum Division under the Ministry of Energy, the price of petrol has been reduced by Rs. 6 per litre, while high-speed diesel (HSD) has become cheaper by Rs. 6.80 per litre.

The revised fuel prices came into effect from May 23, 2026.

New Petrol and Diesel Prices in Pakistan

Under the latest notification:

• Petrol price reduced by Rs. 6 per litre
• High-speed diesel price reduced by Rs. 6.80 per litre

After the latest decrease:

• New petrol price: Rs. 403.78 per litre
• New high-speed diesel price: Rs. 402.78 per litre

This is the second consecutive reduction in petroleum prices announced by the government, offering much-needed relief to the public amid rising inflation and transportation costs.

Government Announces Fresh Fuel Price Relief

The Ministry of Energy stated that the reduction in petrol and diesel prices was made after reviewing international oil market trends and recommendations from relevant authorities.

Petrol is widely used in motorcycles, cars, and private transport, while high-speed diesel is mainly consumed in the transport and agriculture sectors. Any reduction in fuel prices directly impacts transportation fares and the cost of goods nationwide.

Impact of Petrol Price Reduction in Pakistan

The latest cut in fuel prices is expected to:

• Reduce transportation expenses
• Lower logistics and delivery costs
• Provide relief to daily commuters
• Help control inflationary pressure

Experts believe that continued stability in global crude oil prices could lead to further adjustments in petroleum prices in the coming weeks.

New Fuel Prices Effective From May 23, 2026

The revised petrol and diesel prices are now effective across Pakistan from May 23, 2026. Consumers will be able to purchase fuel at the updated rates at petrol pumps nationwide.

The government usually reviews petroleum prices twice every month based on fluctuations in the international oil market and exchange rate movements.