Last Updated on August 28, 2026 by YeJahan
YJ DESK
ISLAMABAD (Aug 19, 2026): The federal government on Wednesday slashed the price of High-Speed Diesel (HSD) by over Rs.32 but increased the petrol price. According to a notification issued by the Ministry of Energy, the price of diesel per liter has been cut by Rs 32.63, while the petrol price was raised by Rs 2.97.
Following the latest revision in petroleum product prices, high-speed diesel now stands at Rs 363.06 per liter, while petrol is priced at Rs 337.51.
Earlier, the Federal Minister for Energy Ali Pervaiz Malik said in a statement to the media that the government is fully aware of the public’s grievances and has taken steps to provide relief to the people.
Federal Minister for Petroleum Ali Pervaiz Malik and Federal Minister Information's announced relief in diesel prices https://t.co/ABFq5oJl8d
— Petroleum Division, Ministry of Energy (@Official_PetDiv) August 19, 2026
He said that relief was provided to the public through targeted subsidies, and the government is striving to resolve these issues. This difficult time will surely pass.
Govt raises petrol, diesel prices, second time in just 48 hours
Ali Pervaiz Malik added that on the instructions of the Prime Minister, several meetings were held with oil refineries, and they have assured a significant reduction in diesel prices. We are grateful to the oil refineries for this cooperation.
On Tuesday, the government raised the prices of petrol and high-speed diesel by Rs3.34 and Rs5.27 per liter, respectively.
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