Times of Pakistan

Govt reduces petrol, diesel prices by Rs5 per litre in Pakistan

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Abdullah Hussain (@Abdulla99267510) Published May 15, 2026 | 11:59 PM

Govt reduces petrol, diesel prices by Rs5 per litre in Pakistan

The notification issued by the relevant authorities stated that the revised prices will come into effect from May 16, 2026, for the upcoming week

ISLAMABAD: The federal government on Friday announced a reduction of Rs5 per litre in petroleum product prices, according to an official notification issued by the Petroleum Division.

The notification issued by the relevant authorities stated that the revised prices will come into effect from May 16, 2026, for the upcoming week.

According to the notification, the price of high-speed diesel has been reduced by Rs5 per litre, bringing it down to Rs409.58 per litre.

Similarly, the price of petrol has also been reduced by Rs5 per litre, lowering it from Rs414.

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78 to Rs409.78 per litre.

The Petroleum Division said the new prices have been revised in line with changes in global oil markets.

It is worth mentioning that the Federal government had increased petroleum prices last week, with petrol rising to Rs414.78 per litre and high-speed diesel reaching Rs414.58 per litre.

Earlier, on April 29, the federal government had also increased diesel prices by Rs19.39 per litre and petrol by Rs6.51 per litre.

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