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Petrol Price Cut Was Driven by Lower Petroleum Levy

PakWheels Blog · May 18, 2026, 8:19 AM · Also reported by 2 other sources

Why this matters: an automotive development that could shape industry direction or buying decisions.

The federal government reduced petrol prices by Rs. 5 per liter on 16th May, bringing the petrol price down from Rs. 414.78 to Rs. 409.78 per liter, according to a price breakdown shared by Arif Habib Limited. The reduction came as a surprise because market expectations were largely pointing towards

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Petrol Price Cut Was Driven by Lower Petroleum Levy

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