Petrol remains unchanged as govt hikes high-speed diesel by Rs11.3
People wait for their turn to get fuel at a petrol station in Peshawar on January 30, 2023. Photo: Reuters/ File
The federal government increased the price of high-speed diesel (HSD) by Rs11.3 per litre for the next fortnight on Saturday, while the petrol price remained unchanged.
According to a notification issued by the Ministry of Finance on Saturday night, the price of HSD has risen from Rs257.08 per litre to Rs268.38 per litre, while the price of petrol will remain at Rs253.17 per litre.
The notification further stated that the revised prices take effect immediately from Feb 1 and will remain in force for the next 15 days.
Fuel prices in Pakistan are reviewed fortnightly and are influenced by changes in international oil prices, exchange rate fluctuations, and domestic tax adjustments. Diesel prices are of particular concern as HSD is widely used in transport, agriculture, and power generation, meaning increases often have a direct impact on inflation and the cost of essential goods.
On January 15, the federal government kept the prices of petroleum products unchanged. A press release from the Petroleum Division said the price of petrol would continue at Rs253.17 per litre, while HSD would remain at Rs257.08 per litre, effective from January 16.
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Earlier on December 31, 2025, the government announced a reduction in the prices of petroleum products. The price of petrol was reduced by Rs10.28 per litre, bringing the new price to Rs253.17 per litre.
Additionally, the price of HSD was slashed by Rs8.57 per litre, with the new price set at Rs257.08 per litre.