Pakistan Fuel Prices Rise Again on July 31 — Petrol Rs336.15, Diesel Rs393.04

There is yet another rise in the prices of petroleum in Pakistan as per the country's daily pricing of petroleum policy. This is witnessed in terms of increased prices of petrol by Rs1.09 to Rs336.15 and high speed diesel by Rs2.42 to Rs393.04 on 31st July, 2026. The revision in Pakistan petrol diesel price July 31 2026 has been announced via an OGRA notification of the Ministry of Energy.

The update in Pakistan petrol diesel price July 31 2026 reflects yet another case of upward changes in the daily revision in Pakistan petrol diesel price in the past few weeks.

The cost of diesel fuel has increased by Rs39 per litre in just 10 days of price revisions due to daily rate hikes while the increase from the previous crisis level of Rs309.50 is more than Rs83 per litre.

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The deviation between petrol and diesel seen on Wednesday continued in the Pakistan petrol diesel price July 31 2026 update:

• Wednesday: HSD increased by Rs2.24 per litre while petrol decreased by Rs0.75 per litre
  

• Thursday: Increase in both petrol and diesel – petrol by Rs1.09, HSD by Rs2.42

The variation between petrol being high and then low from one day to the other shows that indeed the daily process is truly reflecting the moving average of the previous seven working days of Platts Arab Gulf assessments and not simply an upward trend. The petrol and diesel benchmarks are independent in the formula.

However, the Pakistan petrol diesel price of Rs393.04 per litre on July 31 2026 is not the only negative impact, but there are other economic impacts that result from the rise in diesel price.

At Rs393 per litre:

• An operator filling 300 litres of diesel in his truck will have to pay around Rs117,900 – an amount that rises from Rs92,850 before the crisis started, which is Rs25,000 more for every fill-up

• Irrigation pump operators have much higher costs to incur especially during the Kharif crop season

• The cost of energy substitution rises for industrial backup generators because of power load shedding

Pakistan petrol diesel prices July 31 2026 revision ends the month with diesel prices over Rs393, which would have been seen as very high only two months ago. Whether there is relief in sight for August, or whether there is more to come, remains contingent on whether there is an ongoing ceasefire between Iran and US in the Gulf, whether the Houthis launch more strikes against Saudi Arabia's oil installations, and whether the global crude market views the geopolitical environment as being headed towards stability or instability.

Pakistani fuel prices will be a true reflection of these conditions every day henceforth — with no delays from any government minister, no political bias, and no need for averaging fortnightly anymore.