The latest increase takes petrol to Rs327.12 per liter and HSD to Rs375.04 under the new system
People on their motorbikes wait for their turn to get fuel at a gas station, hours before fuel prices rise in Pakistan amid the US-Israeli conflict with Iran, in Karachi, Pakistan, April 30, 2026. Photo taken with a cellphone. REUTERS
The federal government on Wednesday increased the prices of petrol and high speed diesel (HSD) by Rs 6.39 and Rs 7.83 per litre, respectively, for July 23.
According to a notification issued by the Petroleum Ministry, the price of petrol has been fixed at Rs 327.12 per liter, while HSD will now cost Rs 375.04 per litre.
The latest revision came hours after the government and the All Pakistan Petrol Pump Owners Association reached an agreement to postpone the association’s planned nationwide shutdown by two weeks, following successful negotiations with Oil Minister Ali Pervaiz Malik, who assured dealers that their long-standing concerns would be addressed.
Read: National gas pump strike postponed for two weeks after government assurances
This is the third consecutive day that the government has revised gasoline and HSD prices after deciding last week to move to a daily fuel price review mechanism amid volatility in global oil prices following the resumption of hostilities in the Middle East.
Under the new system, daily fuel prices are based on a seven-day average of international market rates to align with international standards.
