Published 3 days ago • loading... • Updated 4 hours ago

Govt Increases Diesel Price by Rs1.39, Cuts Petrol's by Rs1.70 per Litre

On Tuesday, the government in Pakistan decreased petrol prices by Rs1.70 while raising high-speed diesel costs by Rs1.39 per litre effective August 12.
Daily fuel prices reflect a seven-day average of international market rates, a mechanism introduced July 17 to align with global standards amid volatility in the Middle East and disruptions affecting the Strait of Hormuz.
Following the revision, petrol is fixed at Rs325.92 per litre while HSD costs Rs382.25 per litre under the new pricing system established by the Ministry of Petroleum.
Global benchmark Brent crude futures rose 5% over two days, while traders monitor negotiations between the United States and Iran regarding reopening the Strait of Hormuz.
Market analyst Tony Sycamore described the current environment as a "war of attrition," projecting the oil market will likely sit between $75 and $95 while awaiting clarity on regional developments.

Insights by Ground AI

16 Articles

Govt revises petrol, diesel prices

The federal government on Wednesday revised the prices of petroleum products, increasing the price of high-speed diesel (HSD) by Rs0.54 per litre while reducing the

4 hours ago·Lahore, Pakistan

Read Full Article

Pakistan Today

Lean Right

Govt raises diesel price by Rs1.39/litre, cuts petrol by Rs1.70

2 days ago·Pakistan

Read Full Article

The Express Tribune

Center

Govt decreases petrol price by Rs1.70, hikes HSD by Rs1.39 for August 12

Latest revision takes petrol to Rs325.92 per litre and HSD to Rs382.25 under the new pricing system

2 days ago·Karachi, Pakistan

Read Full Article

Dawn

Lean Left

Govt cuts petrol price by Rs1.70, raises high-speed diesel by Rs1.39

According to the Petroleum Division’s notification, the new prices will be applicable for August 12.

2 days ago·Karachi, Pakistan

Read Full Article

Business Recorder

Center

Govt increases diesel price by Rs1.39, cuts petrol's by Rs1.70 per litre

The federal government raised the price of High Speed Diesel (HSD) by Rs1.39 per litre while reducing the price of Motor Spirit (petrol) by Rs1.70 per litre for Wednesday, August 12. According to a notification issued by the Ministry of Energy (Petroleum Division), the Oil and Gas Regulatory Authority (OGRA) on Tuesday revised the ex-depot prices of petroleum products under the government’s petroleum pricing mechanism. The price of petrol was d…

2 days ago

Read Full Article

thairath.co.th

Lean Right

Tomorrow's Fuel Prices, August 12, 2026: How Much Will Gasoline and Diesel Cost per Liter at Each Gas Station?

Latest update: Fuel prices for tomorrow, August 12, 2026. Check the latest prices per liter for all types of fuel: gasoline, gasohol, and diesel from PTT, Bangchak, PT, Caltex, Susco, and Shell gas stations.

2 days ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year