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Government Reduces Petrol Price by 58 Paisas, HSD by 17 Paisas

The Government of Pakistan has announced a slight reduction in the prices of Motor Spirit (petrol) and High-Speed Diesel (HSD), effective from August 29 through August 31, 2026. Petrol is now Rs342.02 per litre, and HSD is Rs371.44 per litre.

Government Reduces Petrol Price by 58 Paisas, HSD by 17 Paisas

The Government of Pakistan has announced a slight reduction in the prices of Motor Spirit (petrol) and High-Speed Diesel (HSD), effective from August 29 through August 31, 2026. Petrol is now Rs342.02 per litre, and HSD is Rs371.44 per litre.

New Fuel Prices Effective August 29-31, 2026

The Ministry of Energy (Petroleum Division) has issued a notification detailing the revised prices for petroleum products. From August 29, 2026, the price of Motor Spirit (petrol) has been reduced by Rs0.58 per litre, and High-Speed Diesel (HSD) by Rs0.17 per litre.

These new prices will remain in effect until August 31, 2026. This adjustment follows a previous reduction on August 28, which saw petrol cut by Rs0.50 per litre and HSD by Rs0.19 per litre, indicating a more frequent revision mechanism currently in place.

Price Comparison: Before and After

  • Petrol: From Rs342.60 per litre to Rs342.02 per litre
  • High-Speed Diesel (HSD): From Rs371.61 per litre to Rs371.44 per litre

What it Means for Consumers

These minor adjustments in fuel prices, while small, are part of Pakistan's more frequent petroleum pricing mechanism. This system allows for quicker responses to changes in international oil markets and other pricing components.

For ordinary Pakistanis, petrol prices directly impact daily commuting costs and private transportation expenses. HSD prices are crucial for the logistics sector, affecting freight charges, public transport like buses, and agricultural operations, as it is widely used in commercial vehicles and farm machinery.

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