Petrol price hiked by 77 paise, HSD’s cut by Rs1.03

The government has revised fuel prices effective September 1, 2026, raising petrol by 77 paise to Rs342.79 per litre from Rs342.02. High-Speed Diesel was cut by Rs1.03 to Rs370.41 per litre, according to Business Recorder.

The revision follows a rise in international crude costs and was announced on Friday. The Oil and Gas Regulatory Authority (Ogra) will now post rates each day on its website, a step the report links to greater transparency and quicker passing of market changes to consumers.

Dealer margins on both products were set at Rs9.98 per litre, and the petroleum levy stayed at Rs80 per litre on each. Petrol customs duty held at Rs20.65 per litre, while HSD's was Rs15.68, and the Climate Support Levy stayed at Rs5 per litre. Margins for oil marketing companies were kept at Rs7.87 for both fuels.