Pakistan welcomes New Year with over Rs10 per litre cut in petrol price

ISLAMABAD: Pakistan will welcome the New Year with a major relief for consumers, as the federal government announced a more than Rs10 per litre cut in the price of petrol for the next fortnight, effective January 1, 2026.

In a statement, the Petroleum Division said that the new price of petrol has been set at 253.17 per litre after a cut of Rs10.28 per litre.

The Petroleum Division mentioned that the decision was taken on the basis of the Oil and Gas Regulatory Authority’s recommendations to the federal government.

Meanwhile, the price of high-speed diesel has been reduced to Rs257.08 per litre after a Rs8.57 per litre cut.

In the previous fortnight review, the government had slashed the rate of diesel by Rs14 per litre and kept the price of petrol unchanged. Web Desk