Major Drop in Petrol and Diesel Prices
In a major development, a significant decrease in petroleum product prices is expected across Pakistan starting October 16, 2025, as global oil prices continue to decline.
| Petroleum Product | Current Price (Approx.) | Expected Decrease | New Expected Price | Remarks |
|---|---|---|---|---|
| Petrol (MS) | Rs. 162.96 per liter | Rs. 6.10 ↓ | Rs. 156.86 per liter | Major price cut expected |
| High-Speed Diesel (HSD) | Rs. 164.00 per liter (approx.) | Rs. 1.00 ↓ | Rs. 163.00 per liter | Slight decrease |
| Kerosene Oil | Rs. 160.00 per liter (approx.) | Rs. 2.75 ↓ | Rs. 157.25 per liter | Expected relief |
| Light Diesel Oil (LDO) | Rs. 156.00 per liter (approx.) | Rs. 1.64 ↓ | Rs. 154.36 per liter | Moderate decrease |
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Petrol Price May Drop by Rs. 6.10 Per Liter
According to market sources, petrol prices are likely to be reduced by Rs. 6.10 per liter, while high-speed diesel (HSD) may become cheaper by Rs. 1 per liter.
This expected cut is based on the latest calculations sent to the Oil and Gas Regulatory Authority (OGRA) by industry sources.
Kerosene and Light Diesel Prices Also Expected to Fall
Detailed Expected Reductions:
- Kerosene oil: Likely to drop by Rs. 2.75 per liter
- Light diesel: Expected to decrease by Rs. 1.64 per liter
The working report containing these figures has already been submitted to OGRA, which will forward the official summary to the Ministry of Finance tomorrow. The final notification will be issued by the Finance Ministry after approval.
Government Taxes May Affect the Final Relief
Officials have cautioned that if the government decides to increase petroleum levy or taxes, the overall public relief may be reduced or even canceled.
Therefore, the final prices will depend on the tax adjustments and global oil market trends.
Ex-Refinery Prices Show Notable Decline
Since October 1, petrol’s ex-refinery price has fallen by 3.76%, dropping from Rs. 162.96 per liter to Rs. 158.86 per liter. This steady decline reflects the impact of falling crude oil prices in the international market.
Global Oil Prices Continue to Decline
In the global market, crude oil prices have shown a sharp decline. The price of petrol per barrel dropped from $76.51 to $73.71, indicating a downward trend that could bring further relief in the upcoming fortnightly review.
Experts Predict More Relief Ahead
Energy analysts believe that if the current global trend continues, Pakistani consumers could see additional price reductions in the next fuel price review. This comes as welcome news amid ongoing inflationary pressures in the country.
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