Petrol prices have been increased in Pakistan after a long hold, with prices going to Rs458.40 paisa per litre, today on Thursday.
The diesel prices have been increased to Rs520.35 paisa. The new prices will be applicable from tomorrow.
The petrol price has increased by Rs136.83 per litre. Additionally, high-speed diesel price increased by Rs184.14 per litre.
Previously, the price of petrol was Rs322 per litre. In addition, a petrol subsidy of Rs100 has also been announced for motorcycle users.
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Petrol price in Pakistan today 2026
Finance Minister Muhammad Aurangzeb and Petroleum Minister Ali Pervaiz Malik held an important press conference today to discuss the current petroleum pricing situation.
During the press conference, the Finance Minister said that the new prices of petroleum products will be implemented from today.
The Petroleum Minister said that the fire of war has engulfed the entire world, and the government has no role in creating the storm.
He said that a subsidy of Rs129 billion has been given since March 1, and despite this subsidy, it has been decided to increase the prices of petroleum products.
This is because the IMF had stopped giving subsidies on petroleum products.
The Petroleum Minister further said that the Prime Minister decided to ground 60 per cent of the vehicles.
He added that we did not face any shortage in fuel supply. In difficult times, the Prime Minister formed a committee which took timely decisions so that fuel supply could be ensured in the country, he stated further.
He said that the government has decided to increase the prices after the IMF stopped providing subsidies on petroleum products.
The prices of petroleum products will be decided by the Prime Minister (PM) of Pakistan, Mian Muhammad Shehbaz Sharif himself, reports stated previously.
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