Petrol Price History Pakistan 2019–2026 — OGRA Monthly Rates
OGRA official notifications · MS-92 petrol per litre · Source: ogra.org.pk
Current Petrol Price (MS-92)
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PKR per litre · OGRA notified
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Petrol Price History Table
Key OGRA price notifications, 2019–2026. Prices shown are for MS-92 (regular) petrol.
| Period | Price (PKR/litre) |
|---|---|
| Jul 2019 | PKR 111.51 |
| Dec 2019 | ▲ PKR 112.69 |
| Jan 2020 | PKR 112.69 |
| Mar 2020 | ▼ PKR 98.00 |
| Apr 2020 | ▼ PKR 74.52 |
| Jun 2020 | ▲ PKR 79.27 |
| Sep 2020 | ▲ PKR 83.86 |
| Dec 2020 | ▲ PKR 95.25 |
| Jan 2021 | ▲ PKR 99.50 |
| Apr 2021 | ▲ PKR 111.82 |
| Jul 2021 | ▲ PKR 118.09 |
| Oct 2021 | ▲ PKR 127.30 |
| Dec 2021 | ▲ PKR 144.82 |
| Feb 2022 | ▲ PKR 149.86 |
| May 2022 | ▲ PKR 209.86 |
| Jun 2022 | ▲ PKR 233.89 |
| Jul 2022 | ▲ PKR 248.74 |
| Sep 2022 | ▼ PKR 224.80 |
| Dec 2022 | PKR 224.80 |
| Feb 2023 | ▲ PKR 272.95 |
| Apr 2023 | ▲ PKR 282.14 |
| Jul 2023 | ▲ PKR 290.45 |
| Sep 2023 | ▲ PKR 305.36 |
| Nov 2023 | ▼ PKR 282.14 |
| Jan 2024 | ▼ PKR 279.23 |
| Apr 2024 | ▼ PKR 268.95 |
| Jul 2024 | ▼ PKR 255.63 |
| Oct 2024 | ▼ PKR 230.72 |
| Dec 2024 | ▼ PKR 226.05 |
| Feb 2025 | ▼ PKR 222.47 |
| Apr 2025 | ▼ PKR 216.28 |
| May 2026 | — |
Note: Table shows key milestones from OGRA notifications. OGRA reviews prices fortnightly — only major changes shown. Exact per-notification prices at ogra.org.pk.
Price Trend — Key Milestones
Why Petrol Prices Keep Changing in Pakistan
Pakistan imports almost all its petroleum products. The OGRA-notified price for petrol (MS-92) is computed from the Import Parity Price (IPP) — the cost of importing refined petrol at international prices, converted at the prevailing USD/PKR rate. On top of this, the government adds:
- Petroleum Development Levy (PDL): Currently PKR 60/litre — the government's main fiscal tool on fuel.
- General Sales Tax (GST): 17% on petrol.
- Dealer/OMC margin: ~PKR 7–10/litre.
This means two forces drive Pakistani petrol prices: global crude oil and PKR/USD rate. When either rises, petrol gets more expensive — and both moved sharply in 2022–2023.
The 2022 Petrol Shock — What Happened
The most dramatic price change in recent history came in May 2022. The PTI government had been holding petrol at PKR 149.86/litre through a direct subsidy. When the PDM government came to power and restored the IMF programme, the subsidy was immediately removed. Petrol jumped from PKR 149.86 to PKR 209.86 — a 40% overnight increase.
By July 2022, petrol hit PKR 248.74 as global energy markets were roiled by the Russia-Ukraine war. This was nearly 3.3× the COVID-era low of PKR 74.52 just two years earlier.
2023 Peaks and the PKR Devaluation
Even as global oil prices began falling in mid-2022, Pakistani petrol prices continued rising into 2023. The reason: the PKR lost approximately 40% of its value between December 2022 and May 2023 as the SBP moved to a market-determined exchange rate under IMF conditions. By September 2023, petrol was around PKR 305/litre — the all-time high.
Since late 2023, a combination of lower global crude prices and a relatively stable PKR has brought petrol back toward the PKR 220–230 range by end-2024.
How Petrol Price Affects Inflation
Petrol is a core input in Pakistan's CPI basket. A 10% rise in petrol prices typically feeds through ~0.5–0.8 percentage points to headline inflation within 2–3 months as transport costs, electricity (furnace oil), and food distribution costs rise. Use the Pakistan Inflation Calculator to model how purchasing power has changed over time.
Frequently Asked Questions
How often does OGRA change petrol prices?
OGRA reviews and announces prices fortnightly — on the 1st and 15th of each month. New prices take effect at midnight.
What was the highest petrol price ever in Pakistan?
Around PKR 305–330 per litre in late 2023 (September–October 2023), driven by PKR devaluation and persistent global energy costs.
Why was petrol so cheap in April 2020?
Global crude oil prices collapsed during COVID-19 lockdowns as demand evaporated worldwide. Brent crude fell below $20/barrel briefly. Since Pakistan's petrol price is indexed to import parity, the domestic price dropped to PKR 74.52/litre.
What is Petroleum Levy in Pakistan?
The Petroleum Development Levy (PDL) is a fixed government tax per litre of petrol. It currently stands at PKR 60/litre. It is the government's most flexible fiscal tool — raised to boost revenue and reduced occasionally to cushion consumers from price spikes.