Overview
- The federal government left petrol at Rs299.50 per litre and high-speed diesel at Rs311.47 per litre for the coming week after a weekly review.
- Authorities raised the petroleum levy on HSD by Rs6.57 to Rs79.54 per litre and on petrol by Rs0.39 to Rs66.64 per litre, a move that offsets part of any cost reduction for government receipts.
- The government cut jet fuel to Rs231.72 per litre and kerosene to Rs227.05 per litre, providing targeted relief to aviation and household kerosene users.
- Petroleum Minister Ali Pervaiz Malik shared international Platts benchmark data, defended the pricing decisions as transparent, and said a high-level committee will review indicators before any further cuts are passed to consumers.
- Industry groups have accused OGRA of calculation errors in recent reviews and opposition politicians have criticised the freeze, while the government notes it has already delivered cumulative cuts of about Rs155 per litre for petrol and Rs200 per litre for diesel since April.