Petrol, Diesel prices slashed by Rs5

MG News | May 16, 2026 at 12:38 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

May 16, 2026 (MLN): The Ministry of Petroleum has declared a reduction in petroleum prices, providing relief to consumers across the country.

The price of petrol has been reduced by Rs5 per litre, bringing the new price down to Rs410 per litre.

Similarly, the price of high-speed diesel (HSD) has also been cut by Rs5 per litre, with the revised rate set at Rs410 per litre.

Meanwhile, Pakistan has lowered the petroleum development levy (PDL) on petrol by Rs9 to Rs117 per litre, while the levy on diesel has been increased by Rs10 to Rs52 per litre.

The revised petroleum prices will come into effect immediately for the next fortnightly review period.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	172,399.90 320.00M	1.59% 2696.30
ALLSHR	103,927.90 888.16M	1.29% 1323.37
KSE30	51,428.16 185.27M	1.65% 836.84
KMI30	246,743.08 136.63M	1.75% 4243.24
KMIALLSHR	67,499.94 461.75M	1.34% 890.73
BKTi	46,974.29 67.03M	1.67% 773.64
OGTi	35,183.53 7.71M	0.85% 295.91

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	64,340.00	64,800.00 63,430.00	680.00 1.07%
BRENT CRUDE	86.80	89.90 85.80	-3.58 -3.96%
RICHARDS BAY COAL MONTHLY	123.00	0.00 0.00	1.10 0.90%
ROTTERDAM COAL MONTHLY	131.00	131.00 130.00	-1.75 -1.32%
USD RBD PALM OLEIN	1,157.50	1,157.50 1,157.50	0.00 0.00%
CRUDE OIL - WTI	84.29	87.23 83.20	-3.42 -3.90%
SUGAR #11 WORLD	13.70	13.97 13.68	-0.09 -0.65%