Petrol Price in Pakistan from June 20, 2026: Government Announces Massive Reduction

PAKISTAN: Prime Minister Shehbaz Sharif on Friday announced a Rs74 reduction in petrol prices and a Rs67 cut in high-speed diesel (HSD) prices as the government seeks to pass on the benefit of declining international oil prices.

According to sources, the government slashed the petroleum levy on petrol by Rs 40.49 per litre, bringing the new levy down to Rs 66.25 per litre.

Conversely, the levy on high-speed diesel was increased by Rs 19.71 per litre, pushing the total levy on diesel up to Rs 72.97 per litre.

Furthermore, the levy on kerosene oil has been set at Rs 20.36 per litre, while the levy on light diesel oil stands at Rs 15.84 per litre.

So today, after our weekly review, we will announce a significant reduction [in the price of petroleum products],” the prime minister said, praising his ministers for managing the oil crisis.

In the previous weekly review, the federal government slashed the prices of petrol and diesel by Rs4 and Rs2 per litre, respectively, for the week ending June 19.