Diesel price slashed Rs32.63, petrol gets Rs2.97 hike

MG News | August 20, 2026 at 12:02 AM GMT+05:00

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August 20, 2026 (MLN): The Ministry of Energy (Petroleum Division) has revised the ex-depot prices of petroleum products, raising the price of Motor Spirit (petrol) by Rs2.97 per litre while reducing the price of High-Speed Diesel (HSD) by Rs32.63 per litre, effective August 20, 2026.

The sharp reduction in diesel prices came after the government capped the refinery margin on diesel following concessions reached with refineries.

The refinery margin is most probably fixed at the same rate of 41%, which was set during the war period for three months.

Based on the revised petroleum pricing mechanism issued by the Federal Government, the Oil and Gas Regulatory Authority (OGRA) has revised the ex-depot prices of petroleum products for August 20, 2026, as per the following details.

Under the prevailing mechanism, OGRA computes and notifies petroleum prices on a daily basis.

Product	Previous Price (19.08.2026)	New Price (20.08.2026)	Change
Petrol (MS)	Rs334.54	Rs337.51	+Rs2.97
HSD	Rs395.69	Rs363.06	-Rs32.63

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