Summary Pakistan increases petrol and diesel prices for one week starting May 1, 2026, setting petrol at Rs399.86 and diesel at Rs399.58 per litre.
ISLAMABAD (Dunya News) – The federal government has announced a fresh increase in fuel prices, raising the cost of petrol by Rs6.51 per litre and high-speed diesel (HSD) by Rs19.39 per litre, according to an official notification issued on Thursday by the Petroleum Division.
Following the latest revision, the new price of petrol has been set at Rs399.86 per litre, while high-speed diesel will now cost Rs399.58 per litre. The revised rates will come into effect from May 1, 2026, and will remain applicable for a period of one week, as outlined in the notification.
Petrol, widely used for private transportation, motorcycles, and small vehicles, has seen a moderate increase compared to diesel, which recorded a significantly higher jump. High-speed diesel is primarily consumed by heavy transport vehicles, agricultural machinery, and industrial sectors, making its price fluctuations particularly sensitive for supply chains and production costs.
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The notification did not elaborate on the underlying factors driving the latest revision; however, fuel pricing in Pakistan is typically influenced by global oil market trends, exchange rate fluctuations, and adjustments in domestic taxation and levies. Changes in international crude oil prices often have a direct impact on local petroleum rates, which are periodically reviewed by authorities.
The increase in diesel prices is expected to have broader economic implications, given its central role in transportation and agriculture. Any upward revision in HSD rates typically translates into higher freight charges, which can subsequently affect the prices of essential commodities. Petrol price changes, meanwhile, tend to have a more immediate impact on urban commuters and household budgets.
According to the notification, the updated rates will remain in place for the specified one-week period unless revised again by the government. Further changes will depend on developments in the international oil market and domestic fiscal policy considerations.
