Govt cuts petrol price by Rs2.20/litre, diesel by Rs1.50

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MG News | August 08, 2026 at 12:25 AM GMT+05:00

August 07, 2026 (MLN): The government has reduced the price of petrol by Rs2.20 per litre and High-Speed Diesel (HSD) by Rs1.50 per litre, effective August 08, 2026.

According to a notification issued by the Ministry of Energy (Petroleum Division), the Oil and Gas Regulatory Authority (OGRA) revised the ex-depot prices of petroleum products based on the prevailing petroleum pricing mechanism issued by the federal government.

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

Product

Previous Price (Aug 07, 2026)

New Price (Aug 08, 2026)

Change

Petrol (MS)

Rs329.82/litre

Rs327.62/litre

-Rs2.20/litre

HSD

Rs382.36/litre

Rs380.86/litre

-Rs1.50/litre

 

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