ISLAMABAD – The Ministry of Energy (Petroleum Division) has announced a slight increase in the ex-depot prices of petrol and High-Speed Diesel (HSD) for July 29, following recommendations from the Oil and Gas Regulatory Authority (Ogra).
Under the revised rates, petrol goes up by Rs1.63, rising from Rs334.18 to Rs335.81 per litre. HSD sees a Rs1.55 hike, moving from Rs386.83 to Rs388.38 per litre.
According to a notification issued by the Ministry of Energy (Petroleum Division), based on recommendations from the Oil and Gas Regulatory Authority (Ogra), the petrol has been increased from Rs334.18 to Rs335.81 per litre and the price of HSD has been increased from Rs386.83 to Rs388.38 per litre.
The minor price adjustment comes despite a sharp 17 percent drop in global Brent crude prices over the past three days, driven by a pause in US-Iran tensions. Under the current pricing framework, OGRA updates fuel tariffs daily to reflect international market trends and currency exchange movements.
Meanwhile, the petroleum levy remains unchanged at Rs80 per litre on petrol and Rs70.82 per litre on HSD. Climate Support Levy (CSL) is maintained at Rs5 per litre. Custom Duty is set at Rs17.28 per litre on petrol and Rs15.68 per litre on HSD.
Copyright Business Recorder, 2026
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