Pakistan raises petrol price to Rs336.15 per litre, up Rs1.09, in another mid-fortnight fuel revision
Pakistan's federal government revised petroleum product prices effective July 31, 2026, raising petrol to Rs336.15 per litre, a rise of Rs1.09 per litre; high-speed diesel was also revised; Pakistan Broadcasting Corporation confirmed the government announcement, with private media reporting the retail price alongside the context of consecutive recent hikes
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Summary
Pakistan's federal government raised the retail price of petrol to Rs336.15 per litre effective July 31, 2026, an increase of Rs1.09 per litre from the previous fortnightly price. High-speed diesel was also revised. Pakistan Broadcasting Corporation, the state broadcaster, confirmed the official government announcement; Daily Pakistan reported the retail price alongside the context of back-to-back recent hikes. The government adjusts petroleum prices every two weeks under a formula tied to international crude benchmarks and exchange-rate movements.
By the numbers
- Rs336.15 per litre, new petrol price effective July 31, 2026
- Rs1.09 per litre, the size of the July 31 increase
- Rs334.00 per litre, the approximate prior fortnightly price before this revision
Why it matters
Fuel prices in Pakistan directly affect transport costs, food prices and industrial energy bills in an economy where diesel and petrol remain the primary fuel for haulage and generators. Consecutive price increases since July compress household budgets in a country where inflation has been a political flashpoint. The Rs336.15 petrol price is among the highest on record in nominal terms, though the cost in US-dollar terms depends on the Pakistani rupee's ongoing exchange rate moves.
What to watch
- Pakistan's next fortnightly petroleum price revision, due around August 15
- Whether the government uses any cross-subsidy or relief mechanism to offset the impact on transport costs
- Rupee-dollar movements, which directly feed into the pricing formula