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Home Southern Asia Pakistan

Govt hikes petrol, diesel prices by nearly Rs27 per litre

by Asia Today Team
May 15, 2026
in Pakistan
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Govt hikes petrol, diesel prices by nearly Rs27 per litre
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The federal authorities introduced a Rs26.77 per litre hike within the value of petrol and high-speed diesel every on Friday, based on a notification issued by the Petroleum Division.

The brand new costs will probably be efficient from April 25, 2026 for per week, the notification said.

Following the rise, the value of HSD has jumped from Rs353.42 to Rs380.19, whereas the petrol value now stands at Rs393.35.

The federal government has been reviewing petroleum costs each Friday evening following the now-paused US-Israel warfare on Iran, which started on February 28.

Within the earlier weekly assessment, the prime minister introduced a discount of Rs32.12 per litre within the value of high-speed diesel, whereas the petrol value remained unchanged.

The federal government jacked up petrol and diesel costs regardless of oil costs falling globally on Friday after it appeared a second spherical of Center East talks was again on, bolstering prospects for an finish to a warfare that has crippled vitality shipments from the Gulf.

Oil costs had been climbing earlier as traders anxious a couple of lack of progress in ending the Center East disaster, with Tehran holding the Strait of Hormuz closed and the US sustaining a blockade of Iranian ports.

However they dropped on stories that Iran’s Overseas Minister Abbas Araghchi was to reach in Islamabad on Friday evening.

Brent crude, the worldwide benchmark contract, fell again beneath $100 a barrel.

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