# Pakistan raises petrol and diesel prices on Independence Day

2026-08-14T09:02:45+00:00 | World & Diplomacy | Indian Opinion Desk

Corroboration: 1 independent outlet

Pakistan raised petrol and diesel prices on August 14, its 79th Independence Day. The Ministry of Energy notified the increase on recommendations from the Oil and Gas Regulatory Authority. Petrol went up by Re 0.45 to Rs 325.43 per litre, and High-Speed Diesel rose by Rs 1.16 to Rs 383.95 per litre, effective immediately. The increase follows a revised pricing mechanism introduced in July, under which OGRA sets fuel prices daily based on a seven-day average of international oil rates. Petroleum Minister Ali Pervaiz Malik said the system aims to pass on global market fluctuations more quickly. Pakistan has seen sharp fuel price swings in 2026, with petrol briefly crossing Rs 458 per litre in April before easing.

## Coverage

- timesnownews.com <https://www.timesnownews.com/business-economy/pakistan-petrol-diesel-price-hike-independence-day-august-14-2026-article-155611517>

Tags: diesel, fuel prices, living costs, OGRA, Pakistan, petrol
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