Govt Hikes Petrol by Rs6.39, Diesel by Rs7.83/Litre; New Daily Pricing in Effect

Govt Hikes Petrol by Rs6.39, Diesel by Rs7.83/Litre; New Daily Pricing in Effect

The federal government has raised petrol prices by Rs6.39 to Rs327.12 per litre and high-speed diesel (HSD) by Rs7.83 to Rs375.04 per litre, effective July 23, 2026. This adjustment follows the implementation of a new daily petroleum pricing mechanism, replacing the previous weekly regime. The Oil and Gas Regulatory Authority (OGRA) notified the revised ex-depot prices, reflecting international market trends. Such fuel price increases typically fuel domestic inflation, potentially impacting the USD/PKR exchange rate and making gold a more attractive inflation hedge for investors in Pakistan.

بحوالہ / Source: www.brecorder.com