Markets Print edition: 2026-09-10

Petrol price hiked by Rs3.40, HSD’s by Rs6.72

Published Updated

ISLAMABAD: In its daily revision of fuel prices, the government on Wednesday increased the petrol price by Rs3.40 to Rs367.75 per litre from Rs364.35 per litre, applicable for September 10, 2026.

Meanwhile, the price of High-Speed Diesel (HSD) has also been hiked by Rs6.72 to Rs392.67 per litre.

Global refined product prices continue to climb amid escalating regional geopolitical tensions. Based at seven working days’ rolling average of daily Platts Arab Gulf Means Price (Gasoline 92 Ron) is worked out USD 118.18 per BBL and USD 106.22 per BBL HSD for September 10.

The ex-refinery import price of petrol has surged by Rs3.40 to reach Rs257.30 per litre from Rs253.90. Whereas HSD saw an increase of Rs6.72, moving from Rs279.08 per litre to Rs285.80 per litre.

A Petroleum Division notification confirms that levies and profit margins remain largely steady across both products.

According to a Petroleum Division notification, government levies and fixed profit margins for petrol and HSD remain unchanged. Both fuels carry a Petroleum Levy of Rs80 per litre, a Climate Support Levy of Rs5 per litre, and profit margins of Rs9.98 per litre for dealers and Rs7.87 per litre for oil marketing companies.

Meanwhile, customs duties stay fixed at Rs21.15 per litre for petrol and Rs15.68 per litre for HSD, while the Inland Freight Equalisation Margin (IFEM) has been adjusted at Rs7.60 on petrol and Rs4.02 per litre on HSD.

According to latest data, Pakistan’s crude/POL imports declined by 11 percent YoY to 1.24 million tonnes in July 2026, driven by a sharp 35 percent YoY fall in MS imports, while HSD and JP-1 imports were nil, amid higher refinery utilisation levels.

Copyright Business Recorder, 2026