History of Diesel Prices in Pakistan (2019–2026): Complete HSD Price Record, Year-by-Year Analysis & Trend
The history of diesel prices in Pakistan over the last six years is a story of extraordinary volatility — from a multi-decade low of Rs. 80.08 per litre at the height of COVID-19 in June 2020, to an unprecedented emergency high of Rs. 520.35 per litre in April 2026, and back down to Rs. 311.78 per litre as of 20 June 2026. Every major political event, global energy shock, and currency crisis has left its mark on the pump price that powers Pakistan’s trucks, tractors, buses, and industrial generators.
High-Speed Diesel (HSD) is not just a fuel. It is the economic backbone of Pakistan. Every kilogram of wheat that reaches a flour mill, every container that leaves Karachi port, every generator that keeps a hospital running — all depend on HSD. That is why the history of diesel prices in Pakistan matters far beyond the fuel station: it is a direct indicator of inflation, agricultural costs, transport fares, and everyday household budgets.
This is the most complete guide available on PakistanPetrolPrices.com. Below you will find every major OGRA-notified diesel price from 2019 to 2026, year-by-year analysis, a comprehensive data table, a scaling table for consumers, and a full visual trend.
- All-time high: Rs. 520.35/L — 4 April 2026 (Strait of Hormuz crisis)
- Six-year low: Rs. 80.08/L — June 2020 (COVID-19 demand collapse)
- Previous record high: Rs. 323.38/L — September 2023
- 2019 starting price: ~Rs. 111–117/L
- Current price (20 June 2026): Rs. 311.78/L
- Jun 20 cut: ▼ Rs. 67.00 — one of the largest single relief cuts ever
- Total increase 2019–Jun 2026: ~Rs. 200/L (approx. +180%) despite large swings
- Regulating authority: OGRA (Oil and Gas Regulatory Authority)
- Review frequency: Fortnightly — 1st and 16th of every month
Six-Year Overview: How Diesel Prices Have Changed
Pakistan’s diesel price history from 2019 to 2026 can be divided into six clear phases. Understanding these phases — and the forces driving each — is essential for anyone tracking fuel costs, planning logistics budgets, or studying Pakistan’s macroeconomic trajectory.
Phase 1 (2019–early 2020): Relative stability. Diesel prices held in the Rs. 100–125 range as global crude was moderate and the government maintained managed prices. Phase 2 (mid-2020): COVID-era collapse. The pandemic crushed global oil demand and diesel briefly hit Rs. 80.08 — the lowest in over a decade. Phase 3 (2021–2022): Subsidy-shock surge. Prices more than tripled as the government removed a massive fuel subsidy in May 2022 amid a political crisis. Phase 4 (2023): Record-breaking peak. Diesel crossed Rs. 300 for the first time, reaching Rs. 323.38 in September 2023, driven by a weakening rupee and IMF-mandated subsidy removal. Phase 5 (2024–2025): Correction and plateau. Prices retreated to the Rs. 247–282 range. Phase 6 (2026): New all-time high, then rapid relief. The Strait of Hormuz crisis sent diesel to Rs. 520.35, then easing tensions and falling crude drove one of the steepest price descents in Pakistan’s fuel history — reaching Rs. 311.78 by 20 June 2026.
How OGRA Sets Diesel Prices in Pakistan
Before reviewing the full diesel price history in Pakistan, it is important to understand the pricing mechanism. The Oil and Gas Regulatory Authority (OGRA) calculates a recommended retail price every fortnight — on the 1st and 16th of each month — using a standardised formula. This formula combines:
Arabian Light and Brent crude benchmarks, converted at the prevailing USD/PKR exchange rate.
Inland Freight Equalisation Margin (IFEM) and port handling costs added to the import price.
Oil Marketing Company margin (~Rs. 7–9/L) and dealer commission (~Rs. 7.50/L).
The PDL (up to Rs. 60/L for HSD) is the primary government tool for balancing the budget with consumer impact.
Every Rs. 1 depreciation against the dollar adds approximately Rs. 0.60–0.80 per litre of HSD at the pump.
OGRA’s recommendation goes to the Prime Minister’s office. The PM can accept, reduce, or in rare cases reject the recommended price.
This formula-driven mechanism means that Pakistan’s history of diesel prices is ultimately a record of three forces: global oil markets, the Pakistani rupee’s value, and government fiscal decisions. Understanding this interplay is the key to understanding every spike and every relief cut documented below.
Diesel Price History 2019 — Stability Before the Storm
Trend: Gradual upward drift
Defining event: PTI government, rupee pressure begins
In 2019, High-Speed Diesel prices in Pakistan were in a period of managed stability, hovering between Rs. 111 and Rs. 127 per litre. The PTI government, which had taken office in August 2018, inherited a deteriorating macroeconomic situation. The Pakistani rupee began depreciating steadily against the dollar, adding incremental pressure to fuel import costs. Global oil prices were moderate — Brent crude averaged around $64 per barrel for the year — but the currency slide meant Pakistani consumers still felt upward pressure. OGRA revised prices fortnightly and the government accepted recommendations with modest adjustments. Diesel remained affordable relative to what was to come, but the structural vulnerabilities — import dependence, currency weakness, fiscal constraints — were already visible.
| Effective Date | HSD Price (PKR/L) | Change | Context |
|---|---|---|---|
| 1 Jan 2019 | 111.21 | — | Year opening rate |
| 16 Jan 2019 | 111.21 | No change | — |
| 1 Feb 2019 | 114.80 | ▲ +3.59 | Crude uptick |
| 16 Mar 2019 | 113.99 | ▼ −0.81 | Slight relief |
| 1 May 2019 | 116.58 | ▲ +2.59 | PKR depreciation impact |
| 1 Jul 2019 | 118.32 | ▲ +1.74 | Summer demand |
| 1 Sep 2019 | 117.09 | ▼ −1.23 | Global crude softens |
| 1 Nov 2019 | 121.58 | ▲ +4.49 | Winter crude rise |
| 16 Dec 2019 | 126.96 | ▲ +5.38 | Year-end high |
Diesel Price History 2020 — COVID Crash & Record Low
Trend: Sharp drop, partial recovery
Defining event: COVID-19 pandemic — demand collapse
No single year in Pakistan’s modern fuel history was more dramatic than 2020 for the sheer speed of price collapse. As the COVID-19 pandemic shut down economies globally in March–April 2020, demand for oil plummeted. Brent crude briefly turned negative in international markets — an unprecedented event. Pakistan’s HSD price fell to Rs. 80.08 per litre in June 2020 — the lowest level in over a decade and the six-year low anchor of the entire 2019–2026 range. As economies reopened in the second half of 2020, prices began recovering. By December 2020, HSD was back above Rs. 105.
| Effective Date | HSD Price (PKR/L) | Change | Context |
|---|---|---|---|
| 1 Jan 2020 | 122.27 | — | Year opening, pre-COVID |
| 1 Feb 2020 | 120.46 | ▼ −1.81 | Early crude softness |
| 1 Mar 2020 | 117.12 | ▼ −3.34 | Pandemic fears hit markets |
| 1 Apr 2020 | 104.12 | ▼ −13.00 | Lockdowns begin; demand crashes |
| 16 Apr 2020 | 98.71 | ▼ −5.41 | Oil markets in freefall |
| 1 May 2020 | 92.74 | ▼ −5.97 | Brent near-negative |
| 16 May 2020 | 86.43 | ▼ −6.31 | Continued collapse |
| 1 Jun 2020 | 80.08 | ▼ −6.35 6-Year Low | COVID demand trough |
| 16 Jun 2020 | 82.91 | ▲ +2.83 | Markets begin recovering |
| 1 Aug 2020 | 87.22 | ▲ +4.31 | Reopening demand |
| 1 Oct 2020 | 96.50 | ▲ +9.28 | Gradual crude recovery |
| 16 Dec 2020 | 106.46 | ▲ +9.96 | Year-end recovery |
Diesel Price History 2021 — Post-COVID Surge Begins
Trend: Steady upward — +35% over the year
Defining event: Post-pandemic demand rebound, rupee slide
As vaccination programmes rolled out globally and economic activity resumed, 2021 brought an aggressive rebound in global oil prices. Pakistan was in a particularly difficult position: the rupee was depreciating steadily, the current account deficit was widening, and the PTI government was juggling energy subsidies against fiscal pressure. Diesel prices rose from Rs. 106 at the start of the year to Rs. 144.15 by December 2021 — a gain of approximately Rs. 38 per litre over twelve months, or roughly 35%.
| Effective Date | HSD Price (PKR/L) | Change | Context |
|---|---|---|---|
| 1 Jan 2021 | 106.46 | — | Year opening |
| 1 Feb 2021 | 108.13 | ▲ +1.67 | Crude recovers |
| 1 Apr 2021 | 111.72 | ▲ +3.59 | Global demand rises |
| 1 Jun 2021 | 114.53 | ▲ +2.81 | — |
| 1 Aug 2021 | 118.09 | ▲ +3.56 | OPEC supply discipline |
| 1 Sep 2021 | 118.09 | No change | — |
| 1 Oct 2021 | 123.53 | ▲ +5.44 | PKR weakens |
| 16 Oct 2021 | 127.30 | ▲ +3.77 | — |
| 5 Nov 2021 | 118.09 | ▼ −9.21 | Govt levy cut — temporary relief |
| 16 Nov 2021 | 127.30 | ▲ +9.21 | Levy restored |
| 1 Dec 2021 | 135.26 | ▲ +7.96 | Global crude surge |
| 16 Dec 2021 | 144.15 | ▲ +8.89 | Year-end high |
Diesel Price History 2022 — Subsidy Shock & Rs. 262 in One Year
Trend: +83% over the year — most extreme single-year rise
Defining event: Subsidy removal (May 2022), Russia-Ukraine war
The year 2022 was the single most violent year in the history of diesel prices in Pakistan. The outgoing PTI government had put a massive fuel subsidy in place, freezing prices artificially low. When that government was removed in April 2022 and the incoming PDM coalition took over, the subsidy was lifted. On 26 May 2022, HSD jumped in a single announcement that shocked Pakistan. By June 2022, diesel had crossed Rs. 262 per litre. By year-end it stood at Rs. 263.31 — an increase of more than Rs. 119 per litre in a single year.
| Effective Date | HSD Price (PKR/L) | Change | Context |
|---|---|---|---|
| 1 Jan 2022 | 147.83 | ▲ +3.68 | New year, rising crude |
| 1 Feb 2022 | 147.83 | Frozen | Govt subsidy in place |
| 16 Feb 2022 | 147.83 | Frozen | Ukraine war erupts; global crude spikes |
| 1 Mar 2022 | 147.83 | Frozen | Subsidy absorbs Rs. 40+ gap |
| 1 Apr 2022 | 147.83 | Frozen | PTI ousted — political crisis |
| 1 May 2022 | 147.83 | Still frozen | — |
| 27 May 2022 | 204.64 | ▲ +56.81 Shock Hike | Subsidy removed — PDM coalition |
| 3 Jun 2022 | 214.90 | ▲ +10.26 | — |
| 16 Jun 2022 | 262.00 | ▲ +47.10 Rs. 262 | Highest in Pakistan’s history — at the time |
| 1 Jul 2022 | 257.55 | ▼ −4.45 | Slight global relief |
| 16 Aug 2022 | 241.50 | ▼ −14.18 | Crude softens globally |
| 1 Sep 2022 | 224.97 | ▼ −16.53 | — |
| 1 Oct 2022 | 235.73 | ▲ +6.84 | PKR weakens sharply |
| 16 Oct 2022 | 246.48 | ▲ +10.75 | — |
| 1 Nov 2022 | 251.97 | ▲ +5.49 | — |
| 16 Dec 2022 | 263.31 | ▲ +4.65 | Year-end close |
Diesel Price History 2023 — Peak at Rs. 323.38 (Previous Record)
Trend: Record high — rupee collapses & IMF deal
Defining event: PKR loses 40%+ vs USD; IMF conditions enforced
If 2022 was the year of the subsidy shock, then 2023 was the year the Pakistani rupee broke. The currency lost over 40% of its value against the US dollar — a catastrophic depreciation that directly translated into soaring diesel import costs. In September 2023, HSD reached Rs. 323.38 per litre — the previous all-time record. From October 2023 onward, as the rupee stabilised and global crude softened, modest fortnightly reductions began.
| Effective Date | HSD Price (PKR/L) | Change | Context |
|---|---|---|---|
| 1 Jan 2023 | 263.31 | — | Year opening |
| 16 Mar 2023 | 278.96 | ▲ +16.96 | Rupee accelerates lower |
| 1 Apr 2023 | 282.42 | ▲ +3.46 | PKR nears Rs. 280/USD |
| 1 Jun 2023 | 302.36 | ▲ +4.81 Rs. 300+ First | Crosses Rs. 300 barrier |
| 1 Jul 2023 | 305.82 | ▲ +3.46 | IMF SBA signed |
| 1 Aug 2023 | 314.72 | ▲ +4.59 | — |
| 1 Sep 2023 | 323.38 | ▲ +5.21 Previous Record | All-time high (until 2026) |
| 16 Sep 2023 | 316.00 | ▼ −7.38 | Correction begins |
| 1 Oct 2023 | 307.42 | ▼ −8.58 | Crude softens globally |
| 16 Nov 2023 | 283.38 | ▼ −7.07 | — |
| 16 Dec 2023 | 268.35 | ▼ −7.86 | Year-end close — relief trend |
Diesel Price History 2024 — Gradual Correction
Trend: Downward correction from 2023 peak
Defining event: Stable PKR, global crude softens
After the brutality of 2023, 2024 brought a sustained — if incomplete — recovery for Pakistan’s diesel consumers. By October 2024, HSD had fallen to Rs. 247.03 per litre — a reduction of over Rs. 76 from the September 2023 peak. For transport operators, farmers, and industries, 2024 represented a plateau of high-but-stable costs, allowing some degree of budget planning after the chaos of the previous two years.
| Effective Date | HSD Price (PKR/L) | Change | Context |
|---|---|---|---|
| 1 Jan 2024 | 263.68 | ▼ −4.67 | Relief continues from Q4 2023 |
| 1 Feb 2024 | 257.22 | ▼ −2.28 | — |
| 1 Mar 2024 | 265.74 | ▲ +7.38 | Global crude firms up |
| 1 May 2024 | 285.97 | ▲ +4.41 2024 High | Year peak |
| 1 Jun 2024 | 278.05 | ▼ −5.22 | — |
| 16 Jun 2024 | 272.89 | ▼ −5.16 | — |
| 1 Aug 2024 | 259.47 | ▼ −4.53 | — |
| 1 Oct 2024 | 247.03 | ▼ −2.41 2024 Low | Best price since pre-subsidy shock |
| 1 Nov 2024 | 252.30 | ▲ +3.51 | — |
| 16 Dec 2024 | 261.42 | ▲ +2.69 | Year-end close |
Diesel Price History 2025 — Plateau & Relative Stability
Trend: Stable plateau — fortnightly volatility within narrow band
Defining event: IMF Extended Fund Facility, stable PKR
For most of 2025, the history of diesel prices in Pakistan finally offered a chapter of relative calm. Pakistan entered a new IMF Extended Fund Facility (EFF). HSD prices fluctuated within a comparatively narrow band of roughly Rs. 249 to Rs. 282 per litre. By December 2025, HSD stood at Rs. 263.45 per litre. No one anticipated what the next few months would bring.
| Effective Date | HSD Price (PKR/L) | Change | Context |
|---|---|---|---|
| 1 Jan 2025 | 249.70 | ▼ −11.72 | Relief cut — new year opening |
| 1 Feb 2025 | 248.70 | ▼ −3.90 | — |
| 1 Mar 2025 | 255.81 | ▲ +3.66 | — |
| 1 May 2025 | 265.72 | ▲ +2.27 | — |
| 1 Jun 2025 | 268.38 | ▲ +2.66 | Summer uptick |
| 1 Jul 2025 | 272.44 | ▲ +1.63 | — |
| 1 Aug 2025 | 272.89 | ▼ −1.22 | — |
| 1 Sep 2025 | 271.07 | ▲ +0.63 | — |
| 1 Oct 2025 | 276.81 | ▲ +6.01 | Crude firms; PDL adjustments |
| 1 Nov 2025 | 282.38 | ▲ +3.04 2025 High | Year peak |
| 16 Nov 2025 | 277.62 | ▼ −4.76 | — |
| 1 Dec 2025 | 271.38 | ▼ −6.24 | — |
| 16 Dec 2025 | 263.45 | ▼ −7.93 | Year-end — stable close |
Diesel Price History 2026 — Emergency Hike to Rs. 520.35, Then Historic Relief
Trend: Emergency spike → rapid relief → current Rs. 311.78
Defining event: Strait of Hormuz closure → biggest cut ever
The most dramatic chapter in the entire history of diesel prices in Pakistan opened in early 2026. The year started quietly — prices drifted upward gradually from Rs. 249.70 in January. Then on 4 April 2026, the government issued an emergency notification setting HSD at Rs. 520.35 per litre — triggered by the Strait of Hormuz closure after military conflict involving Iran. This was an increase of Rs. 184.49 in a single announcement — the highest diesel price ever recorded in Pakistan’s history. Relief followed rapidly: on 25 April HSD fell to Rs. 380.19. Further fortnightly adjustments followed through May and into June. On 20 June 2026, Prime Minister Shahbaz Sharif announced a historic relief cut of Rs. 67.00 per litre, bringing HSD to Rs. 311.78/L — as easing regional tensions and falling global crude enabled the government to pass through the full benefit to consumers.
| Effective Date | HSD Price (PKR/L) | Change | Context |
|---|---|---|---|
| 1 Jan 2026 | 249.70 | — | Year opening — calm start |
| 16 Jan 2026 | 258.70 | ▲ +9.00 | — |
| 1 Feb 2026 | 261.70 | ▲ +3.00 | — |
| 16 Feb 2026 | 275.70 | ▲ +14.00 | Regional tensions begin |
| 1 Mar 2026 | 280.86 | ▲ +5.16 | US-Israel-Iran conflict emerges |
| 7 Mar 2026 | 335.86 | ▲ +55.00 Emergency | Emergency hike — Hormuz closure begins |
| 4 Apr 2026 | 520.35 | ▲ +184.49 ALL-TIME HIGH | Strait of Hormuz fully closed — peak crisis |
| 11 Apr 2026 | 385.54 | ▼ −134.81 Major Relief | Partial ceasefire — PM relief notification |
| 25 Apr 2026 | 380.19 | ▼ −5.35 | Fortnightly revision |
| 1 May 2026 | 399.58 | ▲ +19.39 | Renewed regional pressure |
| 9 May 2026 | 414.58 | ▲ +15.00 | Weekly revision — tensions persist |
| 16 May 2026 | 409.58 | ▼ −5.00 | Slight relief cut |
| 30 May 2026 | 380.78 | ▼ −22.00 May 30 | Crude falls; fortnightly relief |
| 6 Jun 2026 | 378.78 | ▼ −2.00 | Fortnightly revision — modest cut |
| 20 Jun 2026 | 311.78 | ▼ −67.00 LATEST RATE | PM Shahbaz announces massive Eid relief — Hormuz tensions ease, crude falls sharply |
Complete Diesel Price Table — Key Annual Milestones (2019–2026)
The table below summarises the annual opening, peak, low, and closing diesel (HSD) prices in Pakistan for each year from 2019 to 2026, alongside the total change per year and the key driver.
| Year | Opening (Rs/L) | Year Low (Rs/L) | Year High (Rs/L) | Year Close (Rs/L) | Net Change | % Change | Key Driver |
|---|---|---|---|---|---|---|---|
| 2019 | 111.21 | 111.21 | 126.96 | 126.96 | +15.75 | +14.2% | PKR depreciation; moderate crude |
| 2020 | 122.27 | 80.08 ⬇ | 122.27 | 106.46 | −20.50 | −16.8% | COVID-19 demand collapse |
| 2021 | 106.46 | 106.46 | 144.15 | 144.15 | +37.69 | +35.4% | Post-pandemic oil demand rebound |
| 2022 | 147.83 | 147.83 | 262.00 | 263.31 | +119.16 | +80.6% | Russia-Ukraine war; subsidy removal |
| 2023 | 263.31 | 262.00 | 323.38 | 268.35 | +5.04 | +1.9% | PKR −40%; IMF SBA; no subsidies |
| 2024 | 263.68 | 247.03 ⬇ | 285.97 | 261.42 | −2.26 | −0.9% | PKR stabilises; crude softens |
| 2025 | 249.70 | 248.70 | 282.38 | 263.45 | +13.75 | +5.5% | IMF EFF stability; modest drift |
| 2026 (to 20 Jun) | 249.70 | 249.70 | 520.35 ▲ | 311.78 | +62.08 | +24.9% | Strait of Hormuz crisis → spike → massive relief cuts |
Scaling Table: What You Pay at Different Litres
The table below shows the total cost of diesel in Pakistan at different fill-up quantities, comparing the key price milestones from the six-year history, including the current 20 June 2026 rate.
| Litres | Jun 2020 Low Rs. 80.08 |
Jan 2022 Rs. 147.83 |
Jun 2022 Rs. 262.00 |
Sep 2023 Peak Rs. 323.38 |
Apr 4, 2026 Rs. 520.35 |
Jun 20, 2026 Rs. 311.78 |
|---|---|---|---|---|---|---|
| 5 L | 400 | 739 | 1,310 | 1,617 | 2,602 | 1,559 |
| 10 L | 801 | 1,478 | 2,620 | 3,234 | 5,204 | 3,118 |
| 20 L | 1,602 | 2,957 | 5,240 | 6,468 | 10,407 | 6,236 |
| 50 L | 4,004 | 7,392 | 13,100 | 16,169 | 26,018 | 15,589 |
| 100 L | 8,008 | 14,783 | 26,200 | 32,338 | 52,035 | 31,178 |
| 200 L | 16,016 | 29,566 | 52,400 | 64,676 | 104,070 | 62,356 |
| 500 L | 40,040 | 73,915 | 131,000 | 161,690 | 260,175 | 155,890 |
| 1,000 L | 80,080 | 1,47,830 | 2,62,000 | 3,23,380 | 5,20,350 | 3,11,780 |
ⓘ All amounts in Pakistani Rupees (PKR), rounded to nearest whole number. At Rs. 311.78 (Jun 20, 2026), a 500L truck fill now costs ~Rs. 155,890 — compared to Rs. 260,175 at the April 2026 peak, a saving of over Rs. 104,000 per fill.
Visual Trend: Diesel Price in Pakistan 2019–2026
The bar chart below shows the annual year-end or milestone diesel price in Pakistan from 2019 through 2026. The dramatic spike in April 2026 and the rapid fall back to Rs. 311.78 by June 2026 are both clearly visible.
What Drives Diesel Prices in Pakistan? The 5 Core Forces
To truly understand the history of diesel price changes in Pakistan, it is essential to understand the five forces that determine where prices go.
1. International Crude Oil Prices (Brent & Arabian Light)
Pakistan imports virtually all of its diesel. Every $1 change in Brent crude translates to approximately Rs. 1.50–2.00 per litre at the Pakistani pump. The June 2026 relief cut was directly enabled by a sharp fall in global crude as Strait of Hormuz tensions eased.
2. USD/PKR Exchange Rate
Pakistan buys oil in US dollars. The 40%+ rupee depreciation in 2023 was the primary reason diesel crossed Rs. 300 for the first time. Every Rs. 1 depreciation against the dollar adds approximately Rs. 0.60–0.80 per litre to the pump price.
3. Government Taxes — Petroleum Development Levy (PDL)
The PDL — currently up to Rs. 60 per litre for HSD — is the government’s primary fiscal lever on fuel prices. The IMF’s conditions restrict Pakistan’s ability to sustain large subsidies, fundamentally limiting the government’s ability to shield consumers from global price movements.
4. Geopolitical Events
The April 2026 emergency hike to Rs. 520.35 was driven entirely by a geopolitical event — the Strait of Hormuz closure. Similarly, the Russia-Ukraine war of 2022 was the external trigger that exposed Pakistan’s vulnerability to the removal of its domestic subsidy. The June 2026 relief was equally geopolitically driven — by easing tensions.
5. Pakistan’s Fiscal Position & IMF Conditionalities
Since the 2023 IMF agreement, the government’s margin for absorbing price shocks through subsidies has been sharply limited, meaning global price movements pass through to consumers more directly and more quickly — both up and down.
Impact of Rising Diesel Prices in Pakistan
Transport & Freight Costs
Nearly all of Pakistan’s domestic freight moves by diesel-powered trucks. At Rs. 520.35 in April 2026, a single long-haul trip that previously cost Rs. 40,000 in diesel alone cost over Rs. 100,000. The June 2026 cut to Rs. 311.78 provides meaningful relief — but prices remain nearly three times the 2020 COVID-era low.
Agriculture & Food Prices
Pakistan’s agriculture sector is deeply diesel-dependent. Tractors, tube wells, threshers, and transport of produce all run on HSD. Rising diesel prices in Pakistan directly raise the cost of food production. The June 2026 cut should provide some relief to farm input costs heading into the kharif harvest season.
Power Generation
Generator-dependent businesses — hospitals, factories, commercial centres — all use HSD for backup power. In a country with chronic electricity shortages, diesel-powered generation is not optional for many. The Rs. 67/L June 2026 cut reduces generation costs significantly for such consumers.
Inflation (CPI & Core)
Studies suggest that every 10% increase in diesel prices feeds through to approximately 0.5–0.8 percentage points of additional CPI inflation within two months. The 2022–2023 diesel price surge contributed significantly to Pakistan’s inflation exceeding 38% in May 2023. The June 2026 cut of ~17% should provide measurable inflation relief in the coming months.
Frequently Asked Questions About Diesel Price History in Pakistan
Data sources: OGRA official price notifications; Ministry of Energy (Petroleum Division) press releases; GlobalPetrolPrices.com historical data; PakistanPetrolPrices.com fortnightly tracking records. All prices are in Pakistani Rupees (PKR) per litre of High-Speed Diesel (HSD) unless otherwise stated. This page is updated with each new OGRA notification. Last updated: 20 June 2026.
