Petrol Price in Pakistan Today — May 2026
Stay updated with the latest petrol prices in Pakistan for May 2026. This page provides daily petrol rates, price comparisons with previous months, and complete fuel price breakdown for all major cities including Karachi, Lahore, Islamabad, and Peshawar.
Petrol Price Per Litre
Valid from May 1, 2026
Latest Fuel Prices in Pakistan — May 2026
Pakistan’s petrol prices are determined by the federal government through fortnightly reviews conducted by the Ministry of Finance and OGRA. The prices shown below are applicable from May 1, 2026, and will remain in effect until the next price announcement.
| Fuel Type | Price (Rs/Litre) | Change | Status |
|---|---|---|---|
| Petrol (Motor Spirit) | Rs 393.35 | — | Current |
| High-Speed Diesel (HSD) | Rs 393.35 | — | Current |
| Light Diesel Oil (LDO) | Rs 248.31 | — | Current |
| Kerosene | Rs 263.28 | — | Current |
Petrol Price in Major Cities — May 2026
Due to the Inland Freight Equalization Margin (IFEM) system, petrol prices are largely uniform across Pakistan. However, minor variations exist due to transportation costs from nearest depots to retail outlets. Here are the petrol prices for major cities:
- Karachi: Rs 393.35 per litre (Petrol), Rs 393.35 per litre (Diesel)
- Lahore: Rs 393.35 per litre (Petrol), Rs 393.35 per litre (Diesel)
- Islamabad: Rs 393.35 per litre (Petrol), Rs 393.35 per litre (Diesel)
- Peshawar: Rs 393.35 per litre (Petrol), Rs 393.35 per litre (Diesel)
- Multan: Rs 393.35 per litre (Petrol), Rs 393.35 per litre (Diesel)
- Faisalabad: Rs 393.35 per litre (Petrol), Rs 393.35 per litre (Diesel)
- Rawalpindi: Rs 393.35 per litre (Petrol), Rs 393.35 per litre (Diesel)
- Quetta: Rs 393.35 per litre (Petrol), Rs 393.35 per litre (Diesel)
Petrol Price Comparison: April 2026 vs May 2026
Price Comparison
Understanding Pakistan’s Petrol Pricing Mechanism
Petrol prices in Pakistan are reviewed fortnightly by the Ministry of Finance in consultation with the Oil and Gas Regulatory Authority (OGRA). The pricing formula takes into account several factors including international crude oil prices, exchange rates, freight costs, and various government taxes and levies.
Key Components of Petrol Price
The retail petrol price comprises the following main components:
- Ex-Refinery Price: The base cost of petrol from refineries or import price
- Petroleum Development Levy (PDL): Government levy for petroleum sector development
- General Sales Tax (GST): 18% tax on the cumulative value of fuel
- Federal Excise Duty (FED): Excise duty levied by the federal government
- Customs Duty: Import duty on refined petroleum products
- Inland Freight Equalization Margin: Transport cost subsidy for uniform pricing
- Climate Support Levy: Environmental levy for climate initiatives
- OMC and Dealer Margins: Margins for oil marketing companies and petrol pump owners
Impact of Current Petrol Prices
The sustained high petrol prices have significant implications for the Pakistani economy and consumers. Higher fuel costs translate into increased transportation expenses, which drive up the prices of essential goods and services. This creates a ripple effect throughout the economy, contributing to inflationary pressures on daily commodities.
For vehicle owners, the current petrol price means increased commuting costs. Families relying on private vehicles for daily transportation face higher monthly fuel expenses. The transportation industry, including goods carriers and public transport, passes on these costs to consumers through higher fares and freight charges.
When Will Prices Change?
The government announces petrol price revisions on a fortnightly basis, typically on the 1st and 15th of each month. However, extraordinary circumstances such as sudden global oil price spikes or significant currency depreciation can trigger emergency price adjustments outside the regular schedule.
The next scheduled price review is expected around May 15, 2026. Any changes announced will be reflected on this page immediately. It is advisable to check this page regularly for the most current petrol prices in Pakistan.
How to Stay Updated
To stay informed about the latest petrol prices in Pakistan:
- Bookmark this page and check regularly for updates
- Follow official government announcements through Ministry of Finance press releases
- Monitor local news outlets for breaking petrol price updates
- Keep track of international crude oil prices as an indicator of potential domestic changes
The petrol prices mentioned on this page are official rates announced by the federal government and applicable from May 1, 2026. Prices may be updated following government notifications. For the most accurate and current information, always refer to official sources or this page which is regularly updated.
Understanding petrol price movements helps consumers plan their budgets and make informed decisions about transportation and fuel consumption. With fuel being a fundamental input for economic activity, staying informed about petrol prices is essential for every Pakistani citizen.
