Three-day petrol and diesel prices revealed as levy crosses Rs1,567 billion

Petrol and diesel prices remain unchanged

Petrol will continue to sell at Rs325.43 per litre, while high-speed diesel will remain at Rs383.95 per litre until Monday. The rates will stay unchanged despite recent increases in both fuels.

On Thursday, petrol became Rs0.45 per litre more expensive, taking its price to Rs325.43 per litre. Diesel also rose by Rs1.16 per litre and reached Rs383.95 per litre.

Since the daily fuel rate updates began, petrol has increased by Rs13.13 per litre. Diesel has recorded a much larger rise of Rs54.44 per litre during the same period.

Petroleum levy collection reaches record

Pakistan’s petroleum levy collection has reached a record Rs1,567 billion in FY2025-26. The collection has crossed both the government’s target and the estimate made by the International Monetary Fund.

The government collected Rs347.24 billion more than the previous fiscal year. It also collected around Rs100 billion above its target of Rs1,468 billion.

The IMF had estimated petroleum levy collection at Rs1,546 billion for FY2025-26. The actual collection was around Rs21 billion higher than that estimate.

Levy becomes key revenue source

The government also collected Rs50.16 billion separately through the climate support levy. This additional collection has further increased revenue from fuel-related charges.

Petroleum levy collection has grown sharply over the past few years. It stood at Rs580 billion in FY2022-23, rose to Rs1,019 billion in FY2023-24 and reached Rs1,220.21 billion in FY2024-25.

The growing levy has become an important source of government revenue. Its collection is closely linked to fuel prices and the amount of petroleum products consumed across Pakistan.

What consumers are paying

Consumers are currently paying a petroleum levy of Rs80 per litre on petrol. The levy on high-speed diesel stands at Rs77.28 per litre.

The unchanged fuel prices may provide short-term relief to motorists. However, the high levy means a significant amount of the money paid at fuel stations continues to contribute to government revenue.

Stable petrol and diesel prices can give consumers some temporary relief. But the record petroleum levy shows how heavily the government depends on fuel-related revenue.

The much higher rise in diesel prices also remains important for transport and business costs. Any future change in fuel prices or levies could affect consumers and the wider economy.

Also read: Fuel taxes generate Rs166.4 billion in one month as petrol, diesel rates rise

Also read: Diesel levy raised again as petrol and HSD prices remain lower