Petrol rate cut by 58 paise, HSD’s by 17 paise

The government has announced a small cut in fuel prices, with petrol down 58 paise per litre and high-speed diesel (HSD) down 17 paise per litre. The notification from the Oil and Gas Regulatory Authority (Ogra) covers August 29 to 31, 2026, and was released on Friday. Under a revised pricing mechanism set by the federal government, the regulator reset ex-depot rates, affecting only these two fuels.

The ex-depot price of HSD falls from Rs371.61 to Rs371.44 per litre, while petrol drops from Rs342.60 to Rs342.02 per litre. Dealers margins are fixed at Rs9.98 per litre for both products, and the petroleum levy stands at Rs80 per litre for each. Customs duty is Rs21 per litre on petrol and Rs15.68 per litre on HSD, while the Climate Support Levy stays at Rs5 per litre on each fuel.

Oil Marketing Companies margins are unchanged at Rs7.87 per litre across both products. Business Recorder reported the revision, which sets prices for the three-day period from August 29 to 31.