Petrol, diesel prices rise despite global crude oil declinePublished on: July 30, 2026 2:23 PM
Pakistan, July 30 -- Petrol and diesel prices in Pakistan have continued to increase despite a decline in international crude oil prices, raising questions about the government's daily petroleum pricing system and the taxes included in retail fuel prices. Over the past 10 days, consumers have faced record-high fuel costs even as global benchmark crude prices moved lower. Officials say domestic fuel prices are influenced not only by crude oil but also by refined petroleum product prices, taxes and other charges.
Since the introduction of the daily fuel pricing mechanism, high-speed diesel has increased by more than Rs65 per litre, rising from Rs323.30 on July 17 to Rs388.38 per litre. During the same period, petrol prices climbed by Rs26....
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