Diesel price cut by Rs134.81, petrol down Rs11.83

ISLAMABAD: In a major relief for inflation-hit consumers, the government has reduced petroleum prices, slashing petrol by Rs11.83 per litre and High-Speed Diesel (HSD) by a massive Rs134.81 per litre, effective April 11, 2026.

According to a notification issued by the Petroleum Division, the price of petrol has been brought down from Rs378.41 to Rs366.58 per litre, while HSD has witnessed a steep reduction from Rs520.35 to Rs385.54 per litre.

The sharp decline in diesel prices is being seen as particularly significant, given its widespread use across key sectors of the economy.

Petrol is primarily used in motorcycles, cars, rickshaws, and small private vehicles, making it the most relevant fuel for urban consumers and middle-income households. A reduction in petrol prices is expected to ease commuting costs and provide some cushion against rising living expenses.

In contrast, High-Speed Diesel plays a critical role in heavy transport, including trucks, buses, and intercity freight movement, as well as in agricultural machinery such as tractors and tube wells. The substantial cut in diesel prices is likely to lower transportation costs, which could eventually translate into reduced prices of essential commodities, including food items.

It is pertinent to mention here that the extraordinary reduction in HSD prices may help curb inflationary pressures, as transport and logistics costs form a significant component of overall pricing in Pakistan.

The latest price revision comes at a time when consumers have been grappling with high fuel costs, and the government’s move is expected to bring immediate financial relief while supporting broader economic stability.