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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…

Petrol price up by 27 paise, HSD’s by Rs1.64

The Petroleum Division has announced a nominal increase in petrol and High-Speed Diesel (HSD) prices in Pakistan, effective August 21. The adjustment comes as the Petroleum Levy on both products reaches the maximum limit of Rs80 per litre. HSD prices have been increased by Rs1.64 per litre, raising the new rate from Rs363.06 to Rs364.70 per litre.

Meanwhile, petrol prices have seen a slight hike of 27 paise per litre, increasing from Rs337.51 to Rs337.78 per litre. Customs duty remains unchanged at Rs21 per litre for petrol and Rs15.68 per litre for HSD, with Climate Support Levy and Oil Marketing Companies (OMCs) margins remaining steady. Dealer margins will increase by Rs1.34 per litre starting September 1, 2026, averting a potential nationwide strike.

Petroleum Minister Pervaiz Malik praised local refineries for reducing diesel prices by Rs32 per litre amid volatile global market conditions.

Brief written by urgent.news from Business Recorder's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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