Petrol price in Pakistan today (5 August 2026) has been reduced to Rs. 328.56 per litre, a decrease of Rs. 3.39 compared to the previous rate of Rs. 331.95. The new rates were notified by the Oil and Gas Regulatory Authority (OGRA) under the government's daily petroleum pricing mechanism and are effective from today.
Today's Petrol and Diesel Rates in Pakistan
| Product | New Price (5 Aug 2026) | Previous Price | Change |
|---|---|---|---|
| Petrol (Motor Spirit) | Rs. 328.56 / litre | Rs. 331.95 / litre | -Rs. 3.39 |
| High Speed Diesel (HSD) | Rs. 385.86 / litre | Rs. 389.93 / litre | -Rs. 4.07 |
Source: Ministry of Energy (Petroleum Division) / OGRA daily notification.
Why Petrol Price Changed Today
Pakistan has moved from a fortnightly pricing model to a daily petroleum pricing mechanism, under which OGRA reviews and notifies ex-depot prices every day based on international oil market trends, freight costs, and currency fluctuations. This shift came amid global energy market volatility linked to tensions around the Strait of Hormuz, which affected international crude supply chains.
City-Wise Petrol Price in Pakistan
Petrol and diesel prices are uniform across Pakistan as they are regulated nationally by OGRA. The same rate of Rs. 328.56/litre for petrol applies in the following cities:
- Petrol price in Karachi today
- Petrol price in Lahore today
- Petrol price in Islamabad today
- Petrol price in Rawalpindi today
- Petrol price in Faisalabad today
- Petrol price in Multan today
- Petrol price in Peshawar today
- Petrol price in Quetta today
How Petrol Price Is Determined in Pakistan
The ex-depot price includes the international price of crude/refined product, exchange rate impact, petroleum levy, Inland Freight Equalisation Margin (IFEM), Oil Marketing Company (OMC) margin, dealer margin, and the Climate Support Levy. OGRA reviews these components daily and notifies the Petroleum Division, which then issues the official price update.
Impact on Consumers and Transport
A drop in petrol price offers some relief to daily commuters, bike riders, and small business owners, though diesel prices remain significantly higher and continue to affect transport fares and the cost of goods across the country.
Frequently Asked Questions
Q: What is the petrol price in Pakistan today?
A: As of 5 August 2026, petrol is priced at Rs. 328.56 per litre.
Q: What is the diesel price in Pakistan today?
A: High-Speed Diesel (HSD) is priced at Rs. 385.86 per litre.
Q: Who decides the petrol price in Pakistan?
A: OGRA calculates the rate daily and the Ministry of Energy (Petroleum Division) issues the official notification.
Q: Does petrol price differ by city?
A: No, ex-depot petrol and diesel prices are the same across all cities in Pakistan.
Disclaimer: Prices mentioned are ex-depot rates and may vary slightly at retail pumps due to local freight charges. Always confirm with the official OGRA notification for exact figures.