Fuel Prices Surge as Government Adjusts Rates
By Editor • August 21, 2026 • 1 min read
The government has announced a price hike for fuel, raising petrol by Rs3.81 per litre and high-speed diesel (HSD) by Rs3.59. As of August 22, petrol will now cost Rs341.59 per litre, while HSD will retail at Rs368.29 per litre.
This adjustment comes as the government continues to impose significant taxes, with Rs114 per litre on petrol and Rs100 on diesel. Notably, HSD prices have decreased from an April peak of Rs520.35, while petrol hit a high of Rs458.41 around the same time.
Petroleum Minister Ali Pervaiz Malik indicated that fuel prices will now be determined daily, reflecting fluctuations in international markets due to ongoing geopolitical tensions. Previously, the government had announced weekly price revisions and initiated measures to conserve fuel in response to potential supply disruptions.
Source: www.dawn.com
