ISLAMABAD: Pakistan fuel prices moved in opposite directions on Monday, with petrol cut by Rs0.35 to Rs315.80 per litre and high-speed diesel raised by Rs5.71 to Rs360.06.
Petrol previously cost Rs316.15 per litre, while high-speed diesel stood at Rs354.35, according to the rates published for July 20, 2026.
The Oil and Gas Regulatory Authority (OGRA) issued the rates under the federal government’s new daily petroleum-pricing mechanism. OGRA’s website maintains officially notified petroleum prices and district-level pump rates.
Federal Minister for Petroleum Ali Pervaiz Malik said the mechanism uses the average of international market prices recorded during the previous seven days. The government introduced daily revisions to pass global price movements to consumers more quickly.
Under the cabinet-approved framework, OGRA can announce daily ex-depot prices for petrol and high-speed diesel without seeking fresh approval from the prime minister or federal government. Rates issued on Friday remain effective through Saturday and Sunday.
Read: OGRA to Publish Daily Fuel Prices Under Federal Formula
Any adjustment to the petroleum levy still requires Finance Division approval and cannot exceed the limit authorised by the federal cabinet.
The framework also applies daily pricing to kerosene oil and light diesel oil. Pakistan previously revised petroleum prices every two weeks before moving first to weekly and then daily reviews amid volatility in international energy markets.
