Business

Govt announces new petrol rates for next week

Published by
Staff Reporter

ISLAMABAD: The government of Pakistan has announced new petrol rates effective from 16 May 2026 (Saturday).

The federal government has reduced the prices of petrol and diesel by Rs5 per litre each.

According to details surfaced on Friday, the price of petrol has been fixed at Rs 409.78 per litre, while diesel has been set at Rs 409.58 per litre. The Petroleum Division has issued a notification in this regard.

The revised prices will come into effect from midnight and will remain applicable for the next seven days.

The move came as a minor relief after a recent sharp increase in fuel prices.

Staff Reporter

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