The Pakistan government has announced an increase in petrol and high-speed diesel prices. The price of petrol has gone up by PKR 6.39 per litre, reaching PKR 327.12, while high-speed diesel now costs PKR 375.04 after a hike of PKR 7.83 per litre. This price revision will take effect on Thursday, as per the Pakistan Petroleum Division’s notification.
The government has decided to switch from a weekly to a daily pricing mechanism for fuel. Pakistan’s Petroleum Minister Ali Pervaiz Malik and Information Minister Atta Tarar revealed this change. Under the new system, the Oil and Gas Regulatory Authority (Ogra) will publish daily fuel prices based on international market trends, using a seven-day average.
Following the price increase, public transport fares and freight charges have also been raised in Islamabad and Rawalpindi. Transport operators immediately adjusted fares after the government’s decision. Public transport fares saw a 15 to 17 percent increase, while goods transport operators raised freight charges by 20 percent. Transport associations have stated that fares will be adjusted in line with future fuel price revisions.
Pick and drop services, catering to office workers and students, have announced fare adjustments in response to petrol and diesel price changes. The minimum stop-to-stop fare for public transport in Rawalpindi and Islamabad has been set at PKR 60. Long-haul transporters have also raised tariffs, with freight charges for container, trailer, and wheeler transport between Karachi and Peshawar reportedly climbing to PKR 800,000.
Transport operators have implemented fare increases across various routes. In Rawalpindi district, inter-city fares rose by 15 percent, while intra-district routes saw a 17 percent hike. Services operating between Rawalpindi and Islamabad increased fares by 20 percent, and long-distance transport operators raised fares by 17 percent.
