Pakistan

Government Announces Major Reduction in Petrol Prices

**Islamabad:** The government has significantly reduced the prices of petroleum products, cutting petrol by Rs. 10.28 per liter.

According to a notification issued by the Petroleum Division, the price adjustment was made based on recommendations from the Oil & Gas Regulatory Authority (OGRA). The new prices will be effective from January 1, 2026, for a period of 15 days.

Under the new rates, petrol will be sold at Rs. 253.17 per liter, down from the previous price of Rs. 263.45 per liter. Similarly, the price of high-speed diesel has been reduced by Rs. 8.57 per liter, bringing it to Rs. 257.08 per liter from the previous Rs. 265.65 per liter.

The government stated that these adjustments are part of ongoing measures to stabilize fuel prices and provide relief to the public.

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