Govt raises petrol price by Rs6.88, HSD by Rs5.62 per litre

Petrol and high-speed diesel will cost more from now on after the federal government lifted their prices. Petrol rises by Rs6.88 per litre to Rs391.22, while HSD climbs Rs5.62 to Rs421.45 per litre under the new notification. The revised rates remain in place until Thursday, September 17, 2026, Business Recorder reported.

The Oil and Gas Regulatory Authority attributed the increase mainly to higher international petrol and diesel rates amid ongoing global uncertainty. It also cited revisions linked to Platts quotations, premiums and other factors. Consumers and businesses will face a heavier cost load, as the previous review had set petrol at Rs384.34 and HSD at Rs415.83 per litre.

Crude benchmarks also softened on Wednesday after reports of extra Saudi cargoes routed through Oman eased supply worries. Brent futures fell $3.63, a 3.3% drop, to $105.12 a barrel, while West Texas Intermediate futures dropped 3.9% to $101.72.