Islamabad, July 14, 2025: The federal government, under Prime Minister Shehbaz Sharif, is expected to raise petrol and diesel prices in Pakistan from July 16, 2025, as global oil rates continue to fluctuate.
According to reliable industry sources, petrol prices in Pakistan may rise by Rs6.60 per litre, while high-speed diesel (HSD) could see an increase of Rs5.27 per litre. If approved, the new rates will remain effective for the next 15 days.
The Oil and Gas Regulatory Authority (OGRA) is preparing to send its revised pricing summary to the Ministry of Energy (Petroleum Division). The working paper includes input from oil marketing companies that have submitted their updated cost estimates based on recent international trends.
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The Ministry of Finance will make the final decision after consultation with the Prime Minister. While OGRA provides technical estimates, the government considers economic factors such as the exchange rate and fiscal needs before implementing fuel price changes.
Read More: Petrol Price Hike Expected: Up to Rs. 15 Per Liter Increase
An official from the energy ministry, requesting anonymity, stated:
“Domestic fuel price adjustments are closely tied to international market rates and currency fluctuations. But the government also weighs its financial position before passing on the cost to consumers.”
Current Petrol and Diesel Prices in Pakistan (as of July 1, 2025):
- Petrol (Super): Rs266.79/litre
- High-Speed Diesel: Rs272.98/litre
If the expected hike is approved:
- Petrol could exceed Rs273/litre
- Diesel may approach Rs278/litre
Read More: Petrol Price Hike Expected: Up to Rs. 15 Per Liter Increase
The final prices will be announced in the coming days, potentially affecting transport and commodity costs across the country.
