Govt Cuts Petrol Price By Rs4 Per Litre, Keeps Diesel Rate Unchanged
- Petrol price reduced by Rs4 per litre from June 6.
- High-Speed Diesel price remains unchanged at Rs380.78 per litre.
- Global oil market uncertainty linked to Middle East tensions continues to pose risks.
The federal government has announced a reduction in the price of petrol by Rs4 per litre while keeping the price of High-Speed Diesel (HSD) unchanged for the next fortnight.
According to a notification issued by the Ministry of Energy’s Petroleum Division, the revised fuel prices will come into effect from June 6, 2026.
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Under the new pricing structure, the ex-depot price of petrol (Motor Spirit) has been reduced from Rs381.78 per litre to Rs377.78 per litre, providing some relief to motorists across the country.
However, the government has decided to maintain the price of High-Speed Diesel at Rs380.78 per litre. Diesel is widely used in the transport, agriculture and industrial sectors, making its price a key factor in overall inflation and logistics costs.
The latest reduction follows fluctuations in international petroleum markets and changes in import costs during the pricing review period. Petrol is primarily consumed by private vehicles, motorcycles and small transport operators, meaning the decrease is expected to benefit millions of consumers.
While the cut offers short-term relief, energy analysts caution that global oil markets remain highly sensitive to geopolitical developments, particularly tensions involving Iran and the United States in the Middle East.
Any escalation involving Iran could affect crude oil supplies from the Gulf region and place upward pressure on international oil prices. Since Pakistan imports a significant portion of its petroleum requirements, a sustained rise in global crude prices could quickly reverse recent declines in domestic fuel prices.
Market observers note that despite recent volatility, Pakistan has so far benefited from relatively stable international oil prices and a steady exchange rate, helping the government pass on some relief to consumers.
The decision to keep diesel prices unchanged is also being viewed as an attempt to avoid additional pressure on transportation costs and food prices, as diesel plays a critical role in moving goods across the country and powering agricultural machinery.
Also See: Petro Price in Pakistan Today
Economists say the fuel price adjustment is positive for consumers and may provide limited relief to inflation. However, future pricing decisions will largely depend on global crude oil trends, exchange rate movements and developments in the Middle East, which continue to be closely monitored by energy markets worldwide.
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