The government has increased the price of kerosene oil by Rs39.20 per litre, setting the new price at Rs358.01 per litre.
According to official details, the federal government has also decided to maintain the petroleum levy on petrol and diesel. The levy on petrol will remain Rs105.37 per litre, while the levy on diesel will stay at Rs55.24 per litre.
The Ministry of Energy stated that the government will keep petrol and diesel prices unchanged by providing a subsidy of Rs23 billion.
According to the ministry, this amount will be paid to oil marketing companies in the form of price differential claims to cover the gap in fuel prices.
Earlier, the spokesperson for the Oil and Gas Regulatory Authority (OGRA) rejected reports circulating on social media regarding a significant increase in petroleum product prices.
In a statement issued on March, 10, 2026, the OGRA spokesperson clarified that no summary proposing an increase of Rs73.40 per litre in petrol or Rs84.95 per litre in diesel prices had been sent to the Prime Minister’s Office.
The spokesperson termed the claims completely baseless and said they have no connection with reality. He emphasised that the news being spread on social media is fabricated and false.
The spokesperson further urged the public not to pay attention to unverified information and to rely only on official announcements regarding petroleum prices.
Government announces Rs55 per litre hike in petrol, diesel prices
On March 6, 2026, the government announced a Rs55 per litre increase in the prices of petrol and diesel with immediate effect.
According to the notification, the new fuel prices will come into force across the country. Now the new petrol price Rs321 per litre.
Officials said the decision was taken in view of rising international oil prices and economic pressures.
