Govt keeps petrol, diesel prices unchanged for next fortnight
- The decision comes amid volatility in global oil markets
The federal government on Thursday announced that prices of petroleum products will remain unchanged for the next fortnight starting January 16, 2026, according to a press release issued by the Ministry of Energy (Petroleum Division).
As per the notification, the price of High Speed Diesel (HSD) has been maintained at Rs257.08 per litre, while Motor Spirit (petrol) will continue to be sold at Rs253.17 per litre.
The decision comes amid volatility in global oil markets and ongoing domestic efforts to manage inflationary pressures.
Petroleum prices in Pakistan are reviewed on a fortnightly basis, taking into account international oil prices, exchange rate movements and tax adjustments.
Earlier, Business Recorder had reported that the prices of petroleum products could be reduced up to Rs5.49 per litre for the next fortnight, following declining global oil rates.
The estimates were based at current petroleum levy and CSL on petroleum products. Currently, government is charging Rs 82.12 per litre (PL+CSL) on petrol and Rs 77.91 per litre on HSD.
Comments