Government keeps petrol and high‑speed diesel prices steady for August 11, citing unavailable market data.

The federal government decided not to adjust the retail prices of petrol and high‑speed diesel (HSD) for the next day because Platts market data were not released on August 10. Petrol will continue to sell at Rs327.62 per litre, while HSD will remain at Rs380.86 per litre. The Petroleum Division issued a notification confirming that these prices will take effect on August 11. Taxes and duties are set at Rs114 per litre on petrol and Rs100 per litre on HSD. The HSD price has fallen from a peak of Rs520.35 recorded on April 3. It had begun to rise from Rs281 per litre after the US–Iran conflict escalated on February 28. Similarly, petrol reached a peak of Rs458.41 on April 3 after starting its upward movement from Rs266 in the first week of March. Petroleum Minister Ali Pervaiz Malik had announced earlier that fuel prices would now be fixed on a daily basis to reflect swift changes in international markets after renewed hostilities. The government had been revising prices weekly since early March, while also attempting to conserve fuel amid potential supply disruptions linked to the Middle East conflict. The minister said that the cabinet and the prime minister had handed responsibility for daily pricing to the Oil and Gas Regulatory Authority (OGRA). All Pakistan Dealers Association rejected this move and said it would consider a protest plan. Petrol is mainly used in private transport, small vehicles, rickshaws and two‑wheelers, so its price changes affect middle‑ and lower‑middle‑class consumers. HSD is used mainly in heavy transport, power plants and large generators, so its pricing also has broad economic implications.