Islamabad, May 14, 2025: In a move that will bring relief to consumers, petroleum prices in Pakistan are expected to decrease by Rs. 3.5 to Rs. 7 per litre.
This reduction follows recent fluctuations in the global oil market and a minor dip in import premiums, providing some breathing space for Pakistani motorists.
The price of petrol could see a reduction of up to Rs. 3.5 per litre, bringing it down from Rs. 252.63 to Rs. 249.13.
Diesel, which currently costs Rs. 256.64 per litre, may experience a steeper drop, falling by as much as Rs. 7, bringing the new price to Rs. 249.64 per litre.
This adjustment follows a price cut in April, when petrol and high-speed diesel prices were reduced by Rs. 2 per litre.
However, it is important to note that prior to this, the federal government had kept the rates unchanged for a significant period.
The recent price fluctuations are indicative of the ongoing volatility in global oil markets, which directly impacts local fuel prices.
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The reduced import premiums have also contributed to the price drop, sparking optimism for the public.
If the price changes are approved, they could mark a welcome relief for the average Pakistani consumer, who has been grappling with rising fuel costs in recent months.
