The petrol diesel price in Pakistan today is Rs374.51 a litre for petrol and Rs395.20 for high-speed diesel. Petrol came down Rs3.40 and diesel Rs7.76.
Diesel is back under Rs400, which is the headline most people will notice.
But international crude fell about six percent and petrol at the pump fell under one. That gap is the story.
Petrol Diesel Price in Pakistan Today
| Fuel | Was | Now | Change |
|---|---|---|---|
| Petrol | 377.91 | 374.51 | −3.40 |
| High-speed diesel | 402.96 | 395.20 | −7.76 |
Both figures are per litre in rupees. The regulator revised ex-depot prices under the federal pricing mechanism.
One warning before you plan around these. Prices are now issued daily, so any figure in an article has a short life.
Check the Petroleum Division's dated notifications for the rate that applies when you actually fill up.
A Wrong Diesel Figure Is Circulating
If you compare reports, you will find two different previous diesel prices. One of them cannot be right.
Some reports give the old price as Rs402.96, others as Rs399.82. Both describe the cut as Rs7.76.
Only one works. Rs399.82 minus Rs395.20 is Rs4.62, not Rs7.76.
And there is a third figure that settles it. Diesel had risen Rs2.29 from Rs400.67 the previous Friday.
Rs400.67 plus Rs2.29 is exactly Rs402.96. So the chain reconciles and Rs402.96 is the correct previous price.
Petrol has no such problem. Rs377.91 minus Rs374.51 is Rs3.40, and every report agrees.
How Prices Are Set Now
This has changed and most people have not caught up with it.
Prices are no longer fixed for a set period. The regulator publishes an updated rate daily.
The calculation uses a rolling seven-day average of international petroleum prices rather than yesterday's figure.
The cycle used to be fortnightly, then weekly, and now it is daily. Anyone still watching the 1st and the 15th is watching a schedule that no longer exists.
That averaging matters. Most daily moves are small, and one recent day saw petrol fall Re0.66 while diesel rose Re0.52.
So a seven-day average smooths the ride, in both directions.
Crude Fell Six Percent, Petrol Fell One
Here is the number almost nobody puts next to the price cut.
Brent crude fell $6.78 to $106.65 a barrel, a drop of six percent. West Texas Intermediate fell $6.37 to $97.75, also about six percent.
Reporting links that to talks between Iranian and Qatari officials on ending the war with Iran.
Now compare. Petrol fell 0.90 percent and diesel 1.93 percent.
Crude fell roughly seven times as far as petrol did at the pump.
That is not anyone withholding relief. It is arithmetic, and there are two reasons for it.
Why Taxes Blunt Every Fall
The first reason is that a large part of what you pay has nothing to do with oil.
Taxes and duties are reported at about Rs114 a litre on petrol and Rs100 on diesel.
Set that against the pump price and the share is striking. On petrol, Rs114 of Rs374.51 is 30.4 percent.
On diesel, Rs100 of Rs395.20 is 25.3 percent.
And those are rupee amounts, not percentages, so they do not shrink when crude does.
Which leaves only about Rs260 of a litre of petrol actually exposed to the oil price. A six percent fall applies to that part alone.
The second reason is the seven-day average above. Today's price carries a week of prices, not yesterday's crash.
Put both together and a six percent fall in crude becoming a one percent fall at the pump stops being mysterious.
What the Refineries Are Carrying
The petroleum minister, Ali Pervaiz Malik, has said refineries will bear an estimated Rs15 billion a month.
The stated purpose is to shield consumers from higher international prices, and he says it avoided a bigger petrol increase.
There is a second figure in circulation, and the two should not be confused.
A refinery chief executive has put the burden at around Rs49 a litre, built from frozen pre-war premiums plus diverted duty recovery.
Divide Rs15 billion by Rs49 and you get about 306 million litres a month. That is the volume at which the two would agree.
So they are two measures from two sides, not one claim. Do not add them together.
Note also that this refinery contribution is entirely separate from the taxes above. Different money, different direction.
The Relief Scheme Is Under Review
The existing fuel relief scheme covers motorcycles, rickshaws and vehicles up to 800cc.
A joint committee is looking at whether additional relief is possible.
That is a review, not an approval. Nothing has been widened, and no new category has been added.
So if your car is above 800cc, nothing in this announcement changes your position.
We will report an expansion when one is notified rather than when one is discussed.
Fuel-Saving Measures Continue
Alongside the pricing, conservation measures remain in place.
Fuel allocations for official vehicles have been reduced, and markets have been asked to close earlier.
The government says it continues to review conservation options.
Which tells you something about the underlying position. Measures like these do not stay in force when supply is comfortable.
Final Thoughts
Petrol at Rs374.51 and diesel at Rs395.20 is welcome, and diesel slipping under Rs400 will help transport costs. Just hold the two halves of the story together. Crude fell six percent and the pump fell one. Nearly a third of a litre of petrol is tax that never moves.
And because prices are now issued daily off a seven-day average, treat any figure in any article as a snapshot. Check the official notification on the day you fill up, including this one.
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Frequently Asked Questions
What is the petrol diesel price in Pakistan today?
Petrol is Rs374.51 a litre and high-speed diesel Rs395.20. Petrol came down Rs3.40 and diesel Rs7.76. Since rates are now issued daily, confirm the current notification before relying on either figure.
What was the previous diesel price?
Rs402.96 a litre. You may see Rs399.82 quoted instead, but that does not work with the stated Rs7.76 cut. The correct figure is confirmed by diesel having risen Rs2.29 from Rs400.67 a few days earlier.
How often do fuel prices change now?
Daily. The regulator publishes an updated rate each day, worked out from a rolling seven-day average of international prices. The cycle was fortnightly, then weekly, so the old 1st-and-15th routine no longer applies.
Why did prices fall?
International crude dropped sharply, with Brent down about six percent to $106.65 a barrel. Reporting attributes the fall to talks on ending the war with Iran. Lower import costs feed through into the local calculation.
If crude fell six percent, why did petrol fall only one?
Two things damp it. A large slice of the pump price is fixed tax in rupees, and that slice ignores the oil price completely. The calculation also averages a week rather than taking the latest figure. So only part of the price is exposed, and it responds slowly.
How much tax is in a litre of fuel?
Reported figures put petrol near Rs114 and diesel near Rs100, per litre. That works out at 30.4 percent of the petrol price and 25.3 percent of diesel. Treat both as reported rather than official, since the notification does not break them out.
What are refineries contributing?
The petroleum minister puts it at an estimated Rs15 billion a month, intended to keep higher international costs off consumers. Separately, a refinery chief executive has estimated around Rs49 a litre. Those are two different measures and should not be added.
Which vehicles get fuel relief?
Only motorcycles, rickshaws and the 800cc-and-under category. Nothing above that is included. A joint committee is examining further relief, which is a review rather than a decision.
Has the relief scheme been expanded?
No. An expansion is under discussion and nothing has been notified. Anyone telling you a wider scheme is in force is ahead of the facts, so wait for the official notification.
Where should I check the current rate?
The Petroleum Division publishes dated notifications for petroleum products, and the regulator posts updated prices daily. Those are the authority on the rate, rather than any blog, this one included.
