The Oil and Gas Regulatory Authority (OGRA) raised the ex-depot price of petrol (Motor Spirit) by Rs1.08 per litre and high-speed diesel (HSD) by Rs0.51 per litre, effective September 2, 2026, according to a notification issued by the regulator.
New prices for petrol and diesel
Under the revised prices, petrol now costs Rs343.87 per litre, up from Rs342.79. High-speed diesel has been set at Rs370.92 per litre, compared with the previous rate of Rs370.41. The notification was issued under the revised petroleum pricing mechanism, multiple sources reported, citing OGRA and the Petroleum Division.
Impact on consumers and transport costs
Petrol is used primarily by motorcycles, private cars, taxis and rickshaws, making the increase directly felt by millions of households that rely on two-wheelers and small cars for daily commuting. High-speed diesel powers trucks, buses, commercial fleets and agricultural machinery such as tractors and tube wells. A rise in diesel prices can therefore push up freight charges and the cost of moving goods from farms and factories to markets, potentially feeding into the retail prices of essential commodities.
Businesses that depend on diesel for machinery and equipment also face higher operating expenses under the revised rates.
Pricing mechanism and recent adjustments
The latest increase comes one day after the previous revision under the daily pricing system, under which OGRA adjusts ex-depot prices more frequently in line with movements in international petroleum markets. On September 1, petrol had risen by Rs0.77 per litre while diesel had declined by Rs1.03 per litre, according to Profit by Pakistan Today. The September 2 adjustment reverses part of that diesel reduction and extends the petrol increase.
Petrol users face the larger absolute rise, while diesel consumers see a comparatively modest increase after the previous day's cut.
Consumers buying fuel on or after September 2, 2026, should expect the new ex-depot prices at licensed petrol pumps across the country. The evidence does not establish how long these prices will remain in effect under the daily mechanism, what specific international crude price or exchange-rate movements triggered this revision, or whether further adjustments are expected in the coming days.