Current Petrol Prices (Effective January 1, 2026)
Petrol: Rs. 253.17 per litre (Reduced by Rs. 10.28)
High-Speed Diesel (HSD): Rs. 257.08 per litre (Reduced by Rs. 8.57)
High-Speed Diesel (HSD): Rs. 257.08 per litre (Reduced by Rs. 8.57)
The Pakistani government announced a significant reduction in fuel prices on December 31, 2025, providing New Year relief to millions of consumers. These prices will remain effective until January 15, 2026.
Historical Trends (Key Milestones)
Petrol prices in Pakistan have been highly volatile over the years, influenced by global oil markets, exchange rates, and government taxes.
- 2020: Prices dipped to as low as ~Rs. 75 per litre during COVID-19.
- 2023: Record high of Rs. 331.38 per litre in September.
- 2024-2025: Gradual stabilization with fluctuations around Rs. 260-280.
- January 2026: Welcome reduction to Rs. 253.17.
Factors Affecting Petrol Prices
- Global Crude Oil Prices: Pakistan imports nearly all its oil.
- PKR-USD Exchange Rate: Depreciation increases costs.
- Taxes & Levies: Petroleum Development Levy (PDL) ~Rs. 80/litre + GST and Climate Support Levy.
- Geopolitical Events: Wars and OPEC decisions cause spikes.
Impact on Economy & Daily Life
This recent cut is expected to ease inflation, reduce transportation costs, and provide relief to commuters, transporters, and households. Fuel prices directly affect the cost of goods and services across the country.
Looking Ahead
Prices are reviewed fortnightly by OGRA. Monitor global oil trends for the next update on January 15, 2026.
