The Digester
finance

Pakistan hikes petrol 42.7% and diesel 54.9% after global oil shock

Pakistan raised petrol to 458.40 rupees per litre and diesel to 520.35 rupees, passing on steep global oil-driven price increases and removing broad subsidies, a move that will quickly raise household and transport costs.

Apr 3rd 2026 · Pakistan

Insights

  • Petrol increased 42.7% to 458.40 Pakistani rupees per litre.
  • Diesel rose 54.9% to 520.35 rupees per litre.
  • Government said the rise reflects surging international oil prices tied to the Middle East conflict and ended blanket subsidies.
  • This is the second fuel increase in under a month after roughly a 20% rise in early March.
  • Economists warn higher fuel costs will push up transport, logistics and food prices and add to inflationary pressure.
  • Authorities have introduced austerity measures including shorter government work weeks and extended school holidays to curb fuel use.

Sources