ISLAMABAD: The government has increased the ex-depot price of petrol by Rs4.61 per litre from Rs389.14 to Rs393.75 per litre, while High Speed Diesel (HSD) price reduced by Rs1.96 per litre to Rs422.08 per litre.
Under the daily revision, the petroleum division issued the fuel prices for September 22, 2026.
The revision in fuel prices was driven by international refined oil price fluctuations tied to the Middle East conflict. The Oil and Gas Regulatory Authority (OGRA) calculated these adjusted rates using a seven-working-day rolling average of the daily Platts Arab Gulf Means Price.
During this period, the average petrol price shifted to USD 133.27 per barrel (compared to USD 132.57 on September 19), while HSD decreased to USD 123.12 per barrel from USD 124.24.Pakistan imported more than 80 percent of its total consumption through import of refined petroleum products. A Petroleum Division notification states that levies and profit margins remain largely steady across both products.
The change is recorded in import cost of both petroleum products. The import cost of petrol has been increased to Rs283.19 per litre from Rs278.58 per litre, whereas, cost of HSD price has gone down to Rs315.17 per litre from Rs317.13 per litre.
The 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 Rs23.68 per litre for petrol and Rs15.68 per litre for HSD, while the Inland Freight Equalisation Margin (IFEM) has been adjusted at Rs7.71 on petrol and Rs4.06 per litre on HSD.
Copyright Business Recorder, 2026