Petrol price cut by Rs0.50, diesel down Rs0.19

Mettis Global reported that the Petroleum Division under the Ministry of Energy has lowered ex-depot rates for two fuels, effective from August 28, 2026. Petrol falls by Rs0.50 per litre, while high-speed diesel (HSD) drops by Rs0.19 per litre.

Under the daily pricing mechanism, OGRA notifies new rates each day. HSD had been priced at Rs371.80 and petrol at Rs343.10 on 26.08.2026, and the revised levels for 28.08.2026 are Rs371.61 and Rs342.60.

According to the report, the revised mechanism was issued by the federal government and forms the basis for these daily notifications. Petrol carries the larger per-litre cut of the two fuels, Rs0.50 against Rs0.19 for diesel. The notification lists both the previous and the new rate for each product.