Diesel gets massive Rs32.63 cut as petrol price rises Rs2.97 per litre

Business Recorder reported that the government has cut high-speed diesel (HSD) by Rs32.63 per litre, while petrol now costs Rs2.97 more per litre. Both revised rates take effect on August 20, 2026, following an announcement made on Wednesday.

A notification from the Oil and Gas Regulatory Authority (OGRA) puts diesel at Rs363.06 per litre, down from Rs395.69. Petrol, meanwhile, is priced at Rs337.51 per litre, up from Rs334.54 earlier.

These rates will hold only until tomorrow, reflecting the government's routine of revising fuel prices against global oil markets and other costs. Tuesday's review had lifted diesel by Rs5.27 a litre, while petrol rose Rs3.34 in the same exercise. The reversal is a notable swing from one review to the next.