Essential systems

Pakistan Fuel & Energy

Follow Pakistan’s fuel prices, oil supply, electricity policy and the regional events affecting energy security.

The reporting trail

Page 4 of 7
A visitor rings the closing bell at the Karachi Stock Exchange during an official visit in 2010.Pakistan / Business & Finance

KSE-100 plunges 6,408 points as Hormuz blockade rattles markets

Pakistan's benchmark index fell 3.56% to 173,518.81 on 14 July 2026 as the US reinstated a naval blockade of Iran and floated a toll on Strait of Hormuz cargo.

A Pakistan State Oil petrol station beside the G.T. Road near Pattoki, Punjab.Pakistan / Business & Finance

Pakistan raises petrol to Rs310.71, diesel to Rs323.30 a litre

The Petroleum Division raised petrol by Rs13.18 and high-speed diesel by Rs13.80 a litre, reversing last week's cut as Middle East war jitters pushed crude higher.

A liquefied natural gas carrier under way at sea.Pakistan / Business & Finance

SNGPL declares force majeure as LNG supply to Punjab is cut

Sui Northern Gas Pipelines declared force majeure on RLNG supplies to four Punjab power plants, raising the risk of loadshedding until deliveries resume in August.

A Pakistan State Oil petrol and CNG station in Hyderabad, Sindh.Pakistan / Business & Finance

Pakistan cuts petrol and diesel prices by Rs1.97 per litre

The federal government notified a Rs1.97 per litre cut in petrol and high-speed diesel prices, setting petrol at Rs297.53 and diesel at Rs309.50 from 4 July 2026.

A large crude oil tanker under way on open water, seen from the side.Pakistan / Business & Finance

Pakistan weighs cheaper oil and gas imports from Iran, says minister

Petroleum Minister Ali Pervaiz Malik said Pakistan is considering discounted Iranian crude and gas after US sanctions eased, with potential savings of $170-340 million.

A petrol station forecourt with fuel pumps and a canopy under a clear sky.Pakistan / Business & Finance

Pakistan keeps petrol, diesel prices unchanged and raises levy

The government left petrol at Rs299.50 and diesel at Rs311.47 a litre, absorbing lower international crude prices through a higher petroleum levy instead of passing on relief.

A Pakistan State Oil petrol station in Hyderabad, Pakistan.Pakistan / Business & Finance

Pakistan ends fuel subsidy as global oil prices fall

A federal committee chaired by Ishaq Dar approved ending fuel subsidies for motorcyclists, farmers and transport operators after global oil prices fell.

A roadside petrol pump in Pakistan.Pakistan / Business & Finance

Pakistan withdraws fuel-conservation and austerity measures

The federal government terminated the fuel-conservation and additional austerity measures imposed on 9 March, keeping only the existing market and bazaar closing hours.

A Pakistan State Oil (PSO) petrol pump along the Grand Trunk Road in Pakistan.Pakistan / Business & Finance

PM Shehbaz announces Rs74 cut in petrol, Rs67 in diesel

Prime Minister Shehbaz Sharif announced a Rs74 per litre cut in petrol and a Rs67 cut in high-speed diesel, passing on falling global oil prices after the US-Iran accord.

A Pakistan State Oil petrol and CNG station in Hyderabad, Sindh.Pakistan / Business & Finance

Pakistan cuts petrol price by Rs4, keeps diesel unchanged

The government reduced petrol to Rs377.78 per litre from 6 June while holding high-speed diesel at Rs380.78, the fourth straight weekly cut in petrol prices.

A PSO petrol station forecourt with fuel pumps in Hyderabad, Pakistan.Pakistan / Business & Finance

Pakistan cuts petrol and diesel prices by Rs22 per litre

Pakistan's government cut petrol and high-speed diesel prices by Rs22 per litre from 29 May 2026, the third straight weekly reduction, as global oil prices fell.

Storage tanks and industrial infrastructure at Pakistan Refinery Limited in Korangi, Karachi, seen from above.Pakistan / Business & Finance

Pakistan plans oil reserves and bonded storage to cut Hormuz risk

Pakistan's energy ministry proposed strategic oil reserves and bonded commercial storage in a document shared with Saudi Aramco, ADNOC, Vitol and other firms.