ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) announced a further increase in the prices of petrol and High-Speed Diesel (HSD) for Wednesday (July 22), driven by rising global oil prices amid ongoing Middle East crises.
Under the revised rates, the price of petrol has been increased by Rs4.93 per litre, bringing it to Rs320.73 per litre. The rate for HSD saw a steeper hike of Rs7.15 per litre, fixing its new price at Rs367.21 per litre.
The hike reflects sharp increases in the Arab Gulf Platts seven-day average.
READ MORE: Petrol price cut by Re0.35, HSD’s hiked by Rs5.71
International petrol prices rose to USD 100.82 per barrel (up from USD 97.99 on Tuesday), while HSD surged to USD 140.42 per barrel (up from USD 136.32).
Petroleum Levy is kept unchanged at Rs80 per litre for petrol and Rs70.82 per litre for 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 and Premium (including Freight) is held steady at USD 10.98 per barrel for petrol and USD 5.1 per barrel for HSD.
Copyright Business Recorder, 2026