Petrol price up by 27 paise, HSD’s by Rs1.64
ISLAMABAD: The Petroleum Division has announced nominal increase in prices of petrol and High-Speed Diesel (HSD) for August 21. The adjustment comes as the Petroleum Levy (PL) on both products reaches the maximum limit of Rs80 per litre. With the latest revision, HSD price has been increased by Rs1.64 per litre, bringing the new rate up from Rs363.06 to Rs364.70 per litre. Petrol price also saw…
On August 21, the Pakistani government announced a minor increase in fuel prices. The Petroleum Division raised the price of High-Speed Diesel (HSD) by Rs1.64 per litre, bringing the new rate to Rs364.70 per litre, up from Rs363.06 per litre. Simultaneously, the price of petrol was increased by 27 paise per litre, making it Rs337.78 per litre from Rs337.51 per litre.
Customs duty for petrol and HSD remained unchanged at Rs21 and Rs15.68 per litre, respectively. Climate Support Levy (CSL) for both fuels also remained at Rs5 per litre. Oil Marketing Companies (OMCs) and dealers' margins remained at Rs7.87 and Rs8.64 per litre, respectively. Following the Economic Coordination Committee's approval, dealer margins will see an increase of Rs1.34 per litre starting September 1, 2026, raising the fixed dealer margin from Rs8.64 to Rs9.98 per litre, thus avert a nationwide strike threatened by the Pakistan Petroleum Dealers Association (PPDA).
Petroleum Minister Pervaiz Malik thanked local refineries for reducing diesel prices by Rs32 per litre in response to the government's appeal, given the volatile global market conditions. The daily pricing mechanism, managed by the Oil and Gas Regulatory Authority (Ogra), takes into account exchange rate fluctuations and a seven-day rolling average.
Written by urgent.news from Business Recorder's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
