Islamabad, July 1, 2025: The government has announced yet another huge increase in petroleum products rates. As per a notification from the Finance Division, the petrol price has been raised by Rs. 8.36 per liter, bringing the new price to Rs. 266.79, while the rate of high-speed diesel has gone up by Rs. 10.39 to reach Rs. 272.98 per liter.
Petrol Price in Pakistan
| Fuel Type | Previous Price (PKR/litre) | Increase (PKR/litre) | New Price (PKR/litre) |
|---|---|---|---|
| Petrol | 258.61 | 8.36 | 272.98 |
| Diesel | 262.59 | 10.39 | 266.79 |
In the previous bi-weekly assessment of fuel prices, the authorities had lifted the rates of petrol and high-speed diesel by Rs. 4.80 per liter and Rs. 7.95 per liter, respectively.
READ MORE: Petrol Price Hike Expected: Up to Rs. 15 Per Liter Increase
It is worth noting that a 12-day conflict that started on June 13 after Israel targeted Iran’s nuclear facilities pushed global oil prices beyond $80 per barrel, before they dropped below the $70 per barrel level following the announcement of a ceasefire.
On the other hand, Ministry of Finance said the Oil and Gas Regulatory Authority (Ogra) reviewed global oil trends and recommended adjustments to domestic prices accordingly. (LPG) prices have been reduced by Rs7.51 per kilogram, offering minor relief to households that rely on it for cooking and heating.
