ISLAMABAD: The government on Friday announced a nominal reduction in fuel prices, which will remain applicable for next three days.
According to official notification released by Oil and Gas Regulatory Authority (Ogra), the government has reduced the rate of petrol by 58 paise and High-Speed Diesel (HSD) by 17 paise for August 29-31, 2026.
The Ogra revised the ex-depot sale prices of petroleum products based on the revised pricing mechanism issued by the federal government.
The price of HSD has been reduced from Rs371.61 per litre to Rs371.44 per litre, showing a decrease of 17 paise per litre, whereas, the ex-depot price of petrol has been reduced from Rs342.60 per litre to Rs342.02 per litre, reflecting a reduction of 58 paise per litre.
Under the notification, the price revision has been made specifically for the two major petroleum products—HSD and Motor Spirit.
Dealers margins fixed at Rs9.98 per litre on the both products, Petroleum Levy on both the products are Rs80 per litre each. Customs duty has maintained at Rs21 per litre for petrol and Rs15.68 per litre for HSD. Climate Support Levy (CSL) kept unchanged at Rs5 per litre for both fuels. Oil Marketing Companies (OMCs) margins remain unchanged at Rs7.87 across both products.
Copyright Business Recorder, 2026