The federal government has increased petrol and high-speed diesel prices under the revised petroleum pricing mechanism. The Ministry of Energy’s Petroleum Division announced the changes through an official notification.
The price of petrol, officially listed as motor spirit, has increased by Rs1.09 per litre. The new petrol price has been fixed at Rs336.15 per litre, compared with the previous rate of Rs335.06.
High-speed diesel has become more expensive by Rs2.42 per litre. Its price has increased from Rs390.62 to Rs393.04 per litre.
The revised ex-depot prices will take effect from July 31, 2026. The Oil and Gas Regulatory Authority revised the rates in line with the federal government’s new petroleum pricing mechanism.
Higher Diesel Price May Raise Transport and Business Costs
High-speed diesel is widely used in freight transport, public transport, agriculture, construction and industrial operations. The latest increase may raise the cost of moving goods across the country.
Transport companies could pass higher fuel expenses to businesses and consumers. This may increase delivery charges and the prices of essential goods.
Farmers may also face higher operating costs because tractors, tube wells and other agricultural machinery rely heavily on diesel. Construction companies and industries using diesel-powered equipment could experience similar pressure.
Petrol Increase to Affect Motorists and Private Transport
The increase in petrol prices will directly affect car owners, motorcycle riders and other consumers using private transport.
Ride-hailing services, delivery companies and small businesses operating vehicles may also face higher daily expenses. Public transport operators could review fares if fuel costs continue to rise.
The new prices may add further pressure to household budgets and contribute to broader inflation. Consumers will now closely watch future petroleum price reviews under the revised pricing system.
