The federal government has reduced the price of petrol by Rs4 per litre, while the price of diesel has been kept unchanged.

According to an official notification issued by the Petroleum Division, petrol will now cost Rs377.78 per litre. The revised prices will take effect from June 6.

Last week, the government reduced petrol and diesel prices by Rs22 per litre each, bringing petrol to Rs381.78 per litre and diesel to Rs380.78 per litre.

At the start of January 2026, petrol price was relatively manageable at Rs253.17 per litre, but this calm collapsed as global pressures soon triggered a sharp increase.

Accelerating through February and March, geopolitical tensions forced the price up to around Rs321 per litre, causing significant early concern for consumers and businesses.

On April 3, petrol surged to an unprecedented all-time high of Rs458.40 per litre, which unleashed widespread panic among transporters and households already battling inflation.

During this peak period, diesel prices climbed even higher by crossing Rs520 per litre, which instantly triggered a severe spike in logistics and goods transport costs everywhere.