Petrol and Diesel Prices Rise Again as OGRA Notifies New Rates

Fuel price increases have hit Pakistan again, with OGRA notifying a new petrol rate of Rs343.87 per litre effective September 2, 2026. The Petroleum Division confirmed a hike of Rs1.08 per litre for petrol, while diesel (HSD) rose by 51 paisa to Rs370.92 per litre. It is the second consecutive fuel price increase within 48 hours, adding fresh pressure on transport costs and household budgets nationwide.

• Petrol: Rs343.87/litre from Sept 2, 2026 (up Rs1.08)
• Diesel (HSD): Rs370.92/litre from Sept 2, 2026 (up 51 paisa)
• Previous rate (Sept 1): petrol Rs342.79/litre, diesel Rs370.41/litre
• Roughly 2,500 illegal petrol pumps shut nationwide in a smuggling crackdown
• Jamaat-e-Islami has announced a strike against the petroleum levy

Why Are Fuel Prices Rising in Pakistan?

OGRA revises ex-depot petroleum prices under the Petroleum Division’s pricing mechanism, factoring in international crude oil rates, the PKR/USD exchange rate, freight costs, and the Petroleum Development Levy. Recent weeks have seen unusually frequent revisions, with rates moving both up and down every few days rather than the traditional fortnightly cycle. The government has also intensified enforcement against illegal fuel outlets, closing roughly 2,500 unregistered petrol pumps as part of a wider anti-smuggling drive, even as traders and political parties push back against the rising cost of the petroleum levy.

Recent Fuel Price Revisions (Aug 1 – Sep 1, 2026)

With fuel price increases pushing petrol above Rs343 per litre, Pakistanis face renewed cost pressure on transport and daily goods, and traders have signalled protests over the petroleum levy