Pakistan Raises Petrol to Rs349 and Diesel to Rs374 per Litre
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Pakistan raised the retail price of petrol by Rs2.84 per litre and high-speed diesel by Rs2.28 per litre, effective September 4.
Petrol now costs Rs349 per litre. High-speed diesel stands at Rs374.31 per litre. State fuel taxes add Rs114 per litre in duties on petrol and Rs100 per litre on diesel.
Daily Pricing and Middle East Volatility
Fuel rates now change daily under a system the government introduced on July 17. Petroleum Minister Ali Pervaiz Malik instructed the Oil and Gas Regulatory Authority to adjust prices every day based on international crude fluctuations.
Both fuels remain well below their spring records. High-speed diesel peaked at Rs520.35 per litre on April 3, up from Rs281 before hostilities between the United States and Iran escalated in late February. Petrol reached Rs458.41 per litre on that same April date after opening March at Rs266.
Impact on Freight and Retail Transport
Transport costs feed directly into retail operations across Pakistani cities. High-speed diesel fuels long-haul freight trucks, intercity logistics fleets, agriculture machinery, and backup commercial generators. Petrol runs commuter motorbikes and urban delivery networks.
Monthly consumption of petrol and high-speed diesel combined runs between 700,000 and 800,000 tonnes, compared to 10,000 tonnes for kerosene. Fleet operators and logistics providers are watching the next daily OGRA notices as global oil benchmarks shift.
Questions & Answers
Q.What is the new retail price for petrol and high-speed diesel as of September 4?
What is the new retail price for petrol and high-speed diesel as of September 4?
As of September 4, petrol costs Rs349 per litre. High-speed diesel is now priced at Rs374.31 per litre. These new prices reflect recent increases of Rs2.84 for petrol and Rs2.28 for diesel.
Q.When did the government introduce the daily fuel pricing system?
When did the government introduce the daily fuel pricing system?
The government introduced the new system for daily fuel price changes on July 17. The Petroleum Minister instructed the Oil and Gas Regulatory Authority to adjust prices every day, based on international crude fluctuations.
Q.How do higher fuel prices affect businesses in Pakistan?
How do higher fuel prices affect businesses in Pakistan?
Higher fuel prices directly impact retail operations across Pakistani cities. High-speed diesel fuels freight trucks, logistics fleets, and commercial generators, while petrol powers commuter motorbikes and urban delivery networks, increasing transport costs.
Q.What were the peak prices for petrol and high-speed diesel earlier this year?
What were the peak prices for petrol and high-speed diesel earlier this year?
High-speed diesel peaked at Rs520.35 per litre on April 3, after hostilities between the US and Iran escalated. Petrol reached Rs458.41 per litre on that same April date.