Pakistan Fuel Rate Cut: Shahbaz Sharif’s government in Pakistan has again given relief to the people of its country. The government has again announced a reduction in petrol prices by Rs 4 per liter. According to the notification issued by the Petroleum Division of the Energy Ministry of Pakistan, the new rates have been implemented in the entire country from June 6, 2026.

New price of petrol in Pakistan

After the reduction of Rs 4 per liter in the price of petrol in Pakistan, now petrol has become Rs 377.78 per liter, which was earlier Rs 381.78. There is currently no change in the prices of high-speed diesel. It is still stable at Rs 380.78 per liter.

How much has the price reduced so far?

Overall, petrol has become cheaper by about Rs 37 per liter in Pakistan in the last four weeks. Earlier last week i.e. in the last week of May, the Government of Pakistan had made a huge cut of Rs 22 per liter on both petrol and diesel.

Why no relief on diesel?

Diesel prices were continuously increasing in the global market, due to which its price in Pakistan was expected to increase by Rs 34 to Rs 35. However, the government decided not to put additional burden on the public and worked to keep the prices stable by adjusting the levy.

What is the situation of India?

Even though the government has reduced fuel prices four times in Pakistan and increased the prices four times in India, yet the situation in India is under control. Petrol prices in India remain at the level of Rs 115 per liter to Rs 102 per liter, which is much lower than the new price after the rate reduction in Pakistan.

In the last few months, petrol prices in Pakistan had crossed Rs 380-400 per liter. In such a situation, as soon as there is some relief in international oil prices, the government is making big cuts of Rs 4 to Rs 22 on a weekly basis. In contrast, prices in India have been in a range for quite some time.

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Amidst the Iran-America tension and fluctuating crude oil prices, the Pakistan government has reduced the prices of petrol and diesel, giving relief to its people. On Friday, Pakistan government reduced the price of petrol by Rs 6 per liter and the price of high speed diesel i.e. HSD by Rs 6.80 per liter. According to the new prices, petrol in Pakistan has now become Rs 403.78 per liter and high speed diesel has become Rs 402.78 per liter. These new rates have been implemented from May 23.

This is the second consecutive week that fuel prices have been reduced in Pakistan. Earlier last week also, the prices of petrol and diesel were reduced by Rs 5 per liter. Petrol is mostly used in private vehicles, bikes, rickshaws and small vehicles, hence reducing its price provides relief to the common people, especially the middle class. Whereas high speed diesel is used in trucks, buses and big generators. In such a situation, transport expenses may also be affected due to diesel being cheaper.

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There was also a record increase earlier

Although at present the prices are decreasing in Pakistan, but earlier a huge increase in the prices of petrol and diesel was also seen there. After the start of the US-Israel conflict over Iran, on March 6, the Pakistan government had increased the prices of petrol and diesel by up to Rs 55 per liter. After this, on April 2, it was announced to increase the price of petrol by 43 percent and the price of diesel by 55 percent.

Review happening every Friday

The Pakistan government has been reviewing the prices of petrol and diesel every Friday since the tension began in February. For this reason, continuous fluctuations are being seen in the price of fuel there. On the other hand, the effect of crude oil prices is visible in India also. Although the increase here has not been as big as in Pakistan, the prices of petrol and diesel have been increased thrice in the last few days. Even on Saturday, petrol became costlier by 87 paise per liter and diesel by 91 paise per litre. Apart from this, the price of CNG has also been increased by Re 1. Due to continuously rising prices, the pressure of inflation is increasing on the common people.

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