Petrol and diesel prices in Pakistan have gone up again, with the Oil and Gas Regulatory Authority (OGRA) confirming a fresh 24-hour revision under the country’s daily fuel pricing mechanism. The price of motor spirit (petrol) rose by Rs. 2.84 to reach Rs. 349 per litre, while high-speed diesel (HSD) increased by Rs. 2.28, taking it to Rs. 374.31 per litre.
This is the second consecutive daily increase this week. On Wednesday, petrol had already climbed by Rs. 2.29 to Rs. 346.16 per litre, while diesel rose by Rs. 1.11 to Rs. 372.03 per litre. With the latest adjustment, fuel prices in Pakistan have now extended their steady climb under the government’s new daily pricing formula, which replaced the earlier fortnightly review system.
How Much Petrol Prices Have Risen Since July
Since the government began daily fuel price revisions, petrol has risen by a cumulative Rs. 37.7 per litre, while diesel has gone up by Rs. 44.8 per litre. Before the daily pricing mechanism was introduced in mid-July, petrol was selling at around Rs. 310.71 per litre and diesel at Rs. 323.30 per litre, meaning both fuels have climbed sharply within a matter of weeks.
What This Means for Consumers and the Economy
Rising petrol and diesel prices directly affect transport fares, freight costs, and the price of everyday goods across Pakistan, since diesel powers the bulk of the country’s cargo and public transport fleet. Households already dealing with high living costs are likely to feel added pressure at the pump, while businesses that rely on logistics may pass on higher fuel costs to consumers.
The government has linked the shift to daily pricing with efforts to keep local fuel rates closely aligned with international oil markets and exchange rate movements. Consumers are advised to keep track of daily notifications from OGRA, as further revisions are expected in the coming days depending on global crude oil trends and currency fluctuations.
Petrol price in Pakistan and diesel rate trends remain closely watched indicators for inflation, given their direct impact on transportation and manufacturing costs nationwide. Analysts note that continued daily hikes could keep pressure on the Consumer Price Index in the months ahead, making OGRA’s fortnightly and daily notifications an important reference point for households, transporters, and businesses planning their budgets around fuel costs.
