Govt keeps petrol, diesel prices unchanged for next fortnight

The federal government on Thursday announced that prices of petroleum products will remain unchanged for the next fortnight starting January 16, 2026, according to a press release issued by the Ministry of Energy (Petroleum Division) . As per the notification, the price of High Speed Diesel (HSD) has been maintained at Rs257.08 per litre, while Motor Spirit (petrol) will continue to be sold at Rs253.17 per litre. The decision comes amid volatility in global oil markets and ongoing domestic efforts to manage inflationary pressures. Petroleum prices in Pakistan are reviewed on a fortnightly basis, taking into account international oil prices, exchange rate movements and tax adjustments. The latest decision is expected to provide short-term relief to consumers, particularly the transport and agriculture sectors, which are heavily dependent on diesel and petrol.