Pakistan Cuts Petrol and Diesel Prices: Major Relief for Consumers in January 2026
Pakistan announces a Rs10 per litre cut in petrol and Rs8.57 per litre cut in diesel prices from January 1 to 15, 2026. Relief for commuters and transport sector as fuel costs drop.
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Pakistan welcomed the New Year 2026 with a significant relief for consumers, as the federal government announced a cut of over Rs10 per litre in petrol prices for the next fortnight. The decision, effective January 1, 2026, sets the new petrol price at Rs253.17 per litre, down from Rs263.45 — a reduction of Rs10.28 per litre, according to the Petroleum Division.
The Petroleum Division confirmed that the price revision was made following recommendations from the Oil and Gas Regulatory Authority (OGRA). Meanwhile, high-speed diesel prices have also been reduced by Rs8.57 per litre, bringing it down to Rs257.08 per litre from Rs265.65.
| Product | Existing Price | New Price | Change |
|---|---|---|---|
| Petrol | Rs263.45 | Rs253.17 | -10.28 |
| Diesel | Rs265.65 | Rs257.08 | -8.57 |
In the previous fortnight review, the government had slashed diesel rates by Rs14 per litre while keeping petrol prices unchanged.
Petrol is primarily used by commuters in small vehicles, motorcycles, and rickshaws. A reduction in petrol prices provides direct financial relief to middle and lower-middle class households, who rely on fuel for daily commuting.
On the other hand, high-speed diesel is extensively used in the transport and agricultural sectors, powering trucks, buses, trains, tractors, tube wells, and threshers. Since diesel consumption directly impacts the cost of transporting goods and food items, the reduction is expected to provide some inflationary relief, particularly in vegetable and food prices.
The government’s move reflects its ongoing efforts to stabilize fuel costs and provide economic relief to both commuters and the transport sector, boosting affordability at the start of 2026.
