Petrol, diesel get new year price cut

December 31, 2025 (MLN): Welcoming the New Year with much-needed relief, the federal government has slashed petroleum prices for the next fortnight, effective January 1, 2026. 

According to a notification by the Petroleum Division, the price of petrol has been cut by Rs10.28 per litre, bringing the new ex-depot rate down to Rs253.17 per litre, applicable until January 15.

Meanwhile, high-speed diesel (HSD) has been reduced by Rs8.57 per litre to Rs257.08 per litre.

The price revision follows recommendations from the Oil and Gas Regulatory Authority (OGRA) and reflects recent movements in international oil markets.

In the previous fortnightly review, the government had reduced diesel prices by Rs14 per litre while keeping petrol rates unchanged.

Petrol, primarily used by commuters on motorcycles, rickshaws, and small vehicles, directly affects the daily expenses of middle and lower-middle income households.

Any reduction in its price offers immediate relief to urban commuters and salaried workers.

On the other hand, high-speed diesel powers the backbone of Pakistan’s transport and agricultural sectors.

Used extensively in trucks, buses, trains, tractors, tube-wells, and threshers, HSD prices are considered highly inflationary, as they feed directly into the cost of transporting goods, especially vegetables and other food items.

Despite zero general sales tax (GST) on petroleum products, consumers continue to pay substantial government charges. 

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