{"id":106470,"date":"2026-08-20T14:40:16","date_gmt":"2026-08-20T09:40:16","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=106470"},"modified":"2026-08-20T14:40:20","modified_gmt":"2026-08-20T09:40:20","slug":"diesel-prices-set-for-major-cut","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/diesel-prices-set-for-major-cut.html","title":{"rendered":"Diesel prices set for major cut after govt-refinery talks"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Islamabad: The price of locally produced diesel is expected to fall by up to PKR 32 per litre after oil refineries agreed to the government\u2019s request to reduce prices, Petroleum Minister Ali Pervez Malik said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Malik said the agreement was reached during two or three virtual meetings between the government and refineries, with the companies agreeing to a reduction of more than PKR 30 and up to PKR 32 per litre. The final reduction will be determined by the Oil and Gas Regulatory Authority (OGRA) after completing its calculations, the minister said while speaking to the media.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The talks followed Prime Minister Shehbaz Sharif\u2019s direction to the petroleum ministry to engage with refineries and explore measures to provide relief to consumers amid elevated international oil prices. Information Minister Attaullah Tarar said the prime minister had directed the petroleum minister and petroleum secretary to negotiate with refineries and ensure that any available relief was passed on to consumers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Read: <a href=\"https:\/\/www.zameen.com\/news\/pakistan-mulls-importing-iranian-crude-oil.html\" target=\"_blank\" rel=\"noreferrer noopener\">Pakistan mulls importing discounted Iranian crude oil<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Tarar said OGRA would announce a reduction of around Rs32 per litre, noting that refining is a key component of diesel production and that the government had secured the relief through negotiations with refineries. The expected reduction comes as international oil prices remain elevated amid the ongoing conflict in the Middle East, increasing pressure on domestic fuel prices and household and business costs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The government has previously introduced subsidies and targeted relief measures to limit the impact of higher fuel prices. Tarar said the government had spent PKR 130 billion on such measures during difficult economic conditions. He said diesel was particularly important for goods transporters and public transport operators, suggesting that a reduction in its price could help lower transportation costs and ease pressure on consumers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The expected price cut could also support economic activity by reducing fuel-related costs across the transport and supply chain sectors. The final diesel price will depend on OGRA\u2019s calculations and the subsequent official price notification.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The price of locally produced diesel is expected to fall by up to PKR 32 per litre after oil refineries agreed to the government\u2019s request to reduce prices, Petroleum Minister Ali Pervez Malik said. Malik said the agreement was reached during two or three virtual meetings between the government and refineries, with the companies agreeing to a reduction of more than PKR 30 and up to PKR 32 per litre. The final reduction will be determined by the Oil and Gas Regulatory Authority (OGRA) after completing its calculations, the minister said while speaking to the media. The talks followed Prime Minister Shehbaz Sharif\u2019s direction to the petroleum ministry to engage with refineries and explore measures to provide relief to consumers amid elevated international oil prices. Information Minister Attaullah Tarar said the prime minister had directed the petroleum minister and petroleum secretary to negotiate with refineries and ensure that any available relief was passed on to consumers. Read: Pakistan mulls importing discounted Iranian crude oil Tarar said OGRA would announce a reduction of around Rs32 per litre, noting that refining is a key component of diesel production and that the government had secured the relief through negotiations with refineries. The&hellip;<\/p>\n","protected":false},"author":18,"featured_media":105211,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016],"tags":[75447,75448,75453,75449,75446,72121,75455,75454,75450,75451,12503,35937,75452,34475,72125,40633,29414,74382,62177,72192],"persona":[],"class_list":["post-106470","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-developments","tag-ali-pervez-malik","tag-attaullah-tarar","tag-consumer-relief","tag-diesel","tag-diesel-price-cut","tag-diesel-prices","tag-fuel-prices-in-pakistan","tag-fuel-relief","tag-international-oil-prices","tag-middle-east-conflict","tag-ogra","tag-oil-prices","tag-oil-refineries","tag-pakistan-economy","tag-pakistan-fuel-prices","tag-petroleum-division","tag-petroleum-prices","tag-petroleum-sector","tag-prime-minister-shehbaz-sharif","tag-transport-costs","cat-15016-id"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Diesel prices set for major cut - Zameen News<\/title>\n<meta name=\"description\" content=\"OGRA would announce a reduction of around Rs32 per litre, noting that refining is a key component of diesel production...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/diesel-prices-set-for-major-cut.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Diesel prices set for major cut - Zameen News\" \/>\n<meta property=\"og:description\" content=\"OGRA would announce a reduction of around Rs32 per litre, noting that refining is a key component of diesel production...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/diesel-prices-set-for-major-cut.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2026-08-20T09:40:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-08-20T09:40:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2026\/04\/petrol.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Samra Zulfiqar\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Samra Zulfiqar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Diesel prices set for major cut - Zameen News","description":"OGRA would announce a reduction of around Rs32 per litre, noting that refining is a key component of diesel production...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/diesel-prices-set-for-major-cut.html","og_locale":"en_US","og_type":"article","og_title":"Diesel prices set for major cut - Zameen News","og_description":"OGRA would announce a reduction of around Rs32 per litre, noting that refining is a key component of diesel production...","og_url":"https:\/\/www.zameen.com\/news\/diesel-prices-set-for-major-cut.html","og_site_name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2026-08-20T09:40:16+00:00","article_modified_time":"2026-08-20T09:40:20+00:00","og_image":[{"width":1170,"height":400,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2026\/04\/petrol.jpg","type":"image\/jpeg"}],"author":"Samra Zulfiqar","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Samra Zulfiqar","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/diesel-prices-set-for-major-cut.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/diesel-prices-set-for-major-cut.html"},"author":{"name":"Samra Zulfiqar","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/a3a8cc23079c627774ff19f42da24f1d"},"headline":"Diesel prices set for major cut after govt-refinery talks","datePublished":"2026-08-20T09:40:16+00:00","dateModified":"2026-08-20T09:40:20+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/diesel-prices-set-for-major-cut.html"},"wordCount":335,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/diesel-prices-set-for-major-cut.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2026\/04\/petrol.jpg","keywords":["Ali Pervez Malik","Attaullah Tarar","consumer relief","diesel","diesel price cut","diesel prices","fuel prices in Pakistan","fuel relief","international oil prices","Middle East conflict","OGRA","Oil Prices","oil refineries","Pakistan economy","Pakistan fuel prices","Petroleum division","petroleum prices","Petroleum Sector","Prime Minister Shehbaz Sharif","transport costs"],"articleSection":["New Developments"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/diesel-prices-set-for-major-cut.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/diesel-prices-set-for-major-cut.html","url":"https:\/\/www.zameen.com\/news\/diesel-prices-set-for-major-cut.html","name":"Diesel prices set for major cut - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/diesel-prices-set-for-major-cut.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/diesel-prices-set-for-major-cut.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2026\/04\/petrol.jpg","datePublished":"2026-08-20T09:40:16+00:00","dateModified":"2026-08-20T09:40:20+00:00","description":"OGRA would announce a reduction of around Rs32 per litre, noting that refining is a key component of diesel production...","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/diesel-prices-set-for-major-cut.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/diesel-prices-set-for-major-cut.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/diesel-prices-set-for-major-cut.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2026\/04\/petrol.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2026\/04\/petrol.jpg","width":1170,"height":400},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/diesel-prices-set-for-major-cut.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"Diesel prices set for major cut after govt-refinery talks"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/a3a8cc23079c627774ff19f42da24f1d","name":"Samra Zulfiqar","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/Samra-96x96.jpg","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/Samra-96x96.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/Samra-96x96.jpg","caption":"Samra Zulfiqar"},"description":"Samra Zulfiqar, a real estate analyst at Zameen.com, is passionate about finding projects that offer buyers the best returns. Her keen insights spotlight the market\u2019s most promising opportunities.","url":"https:\/\/www.zameen.com\/news\/author\/samra"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/106470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=106470"}],"version-history":[{"count":1,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/106470\/revisions"}],"predecessor-version":[{"id":106471,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/106470\/revisions\/106471"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/105211"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=106470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=106470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=106470"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=106470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}