Business & Finance / Pakistan

Pakistan raises petrol and diesel prices again for eight days

The federal government approved another increase of Rs6.51 per litre for petrol and Rs19.39 for diesel, taking both fuels to just under Rs400 a litre from 1 May.

A Pakistan State Oil fuel station beside a road in Hyderabad, Sindh
FILE PHOTO A Pakistan State Oil petrol and CNG station in Hyderabad, Sindh. Photo: Farhan, CC BY 2.0, via Wikimedia Commons. Used as contextual imagery of fuel retailing in Pakistan; it does not depict the 30 April 2026 price notification.

What happened

The federal government on Thursday approved another increase in petrol and diesel prices for the next eight days.

The prime minister sanctioned an increase of Rs6.51 per litre for petrol and Rs19.39 per litre for diesel. After the revision, petrol will sell at Rs399.86 per litre and diesel at Rs399.58 per litre. The new prices take effect on Friday, 1 May 2026, ProPakistani reported.

The move follows last week’s revision, when the government raised diesel by Rs26.77 per litre and petrol by the same amount.

Why it matters

Petrol and diesel are the main transport fuels in Pakistan, so their prices feed directly into the cost of moving people, goods and agricultural produce. The latest revision leaves both fuels just below Rs400 per litre and adds to the pressure households and businesses already face from high energy costs during the current fuel-supply squeeze.

On the same day, the government separately approved a one-month extension of a fuel subsidy for motorcyclists, an indication that officials expect the price pressure to persist. Prices were last cut sharply on 10 April, when Prime Minister Shehbaz Sharif cut diesel by Rs135 and petrol by Rs12 per litre.

What is still uncertain

The report did not set out the oil-price and levy components behind the increase, nor how long the eight-day pricing cycle will continue. It also did not say whether further changes are planned before the end of May.