Relief on Fuel Prices for 24 September 2026

The federal government has provided fresh relief to consumers by reducing petrol and high-speed diesel (HSD) prices for 24 September 2026. Under the latest revision, petrol has been reduced by Rs1.93 per litre, while the price of high-speed diesel has been cut by Rs4.21 per litre. According to the Petroleum Division’s notification, the new petrol price is Rs390.12 per litre, down from Rs392.05, while high-speed diesel will now cost Rs414.75 per litre, compared with the previous Rs418.96 per litre. The revised rates are effective from September 24. 

The latest reduction comes as the government continues to revise petroleum prices frequently amid volatility in international oil markets. Officials have attributed the changes to movements in international Platts rates, premiums and other associated costs. Pakistan has been using a more frequent fuel-pricing mechanism during the recent period of international oil-market uncertainty, allowing changes in global prices to be reflected more quickly in domestic fuel rates. 

New Petrol and Diesel Prices

After the latest revision, the prices applicable on September 24 are:

• Petrol: Rs390.12 per litre
• High-Speed Diesel: Rs414.75 per litre
• Petrol reduction: Rs1.93 per litre
• HSD reduction: Rs4.21 per litre

The reduction follows several petroleum price adjustments during September. On September 22, petrol had been priced at Rs393.75 per litre and HSD at Rs422.08 per litre. The government subsequently reduced both products as international market conditions changed. 

Additional Fuel Relief for Eligible Consumers

Apart from the reduction in official petroleum prices, the government is also implementing the Prime Minister’s Special Fuel Relief Scheme for selected consumers.

Under the scheme, eligible users of motorcycles, Qingqi rickshaws, auto-rickshaws and other two- and three-wheelers receive a Rs100 per litre relief on petrol. The mechanism was subsequently adjusted so that eligible two- and three-wheeler users receive four Rs500 tokens per month, with one token available each week. The previous requirement to purchase at least five litres in one transaction was removed, allowing beneficiaries to purchase smaller quantities while still receiving the applicable relief.

For vehicles with engine capacity of up to 800cc, the existing arrangement provides a Rs100-per-litre relief on up to 10 litres every 10 days, equivalent to three tokens per month. The scheme is targeted at non-commercial users. The government has also expanded eligibility for two- and three-wheelers. According to the latest information, motorcycles, Qingqis and rickshaws registered from January 1, 2006 onward can be included in the scheme. Registration SMS charges have also been waived.

The Economic Coordination Committee had approved Rs75 billion for the Prime Minister’s Fuel Relief Scheme. The programme is being managed through a digital Fuel Pass System, with the objective of directing relief toward eligible consumers. 

The latest reduction in official fuel prices provides some relief to motorists, transport operators and businesses that depend heavily on petrol and diesel. However, petrol remains significantly more expensive than it was before the sharp increase in international oil prices earlier in the year.

The government has also introduced wider austerity and fuel-conservation measures in response to higher international petroleum prices. These include a 50 percent reduction in fuel allocations for official vehicles for three months, while essential operational vehicles are treated separately. 

For ordinary consumers, the combination of the lower official petrol price and the targeted subsidy means eligible motorcycle, rickshaw and small-car users can receive additional relief through the government scheme. The government’s latest decision therefore provides relief through two separate channels: a reduction in the officially notified petroleum prices for September 24 and a targeted subsidy for eligible consumers under the Prime Minister’s Fuel Relief Scheme.

(Geo News)