Pakistan Expected to Cut Petrol Price by Rs2 per Litre, Diesel Likely to Become Costlier by Rs9.50
Islamabad: Pakistan is expected to revise fuel prices in the upcoming fortnightly review, with projections indicating a slight reduction in petrol rates but a significant increase in diesel prices. Based on current tax structures, the ex-depot price of High-Speed Diesel (HSD) may rise by approximately Rs9.50 per litre (about 3.4%). In contrast, petrol prices are…
Islamabad: Pakistan is expected to revise fuel prices in the upcoming fortnightly review, with projections indicating a slight reduction in petrol rates but a significant increase in diesel prices.
Based on current tax structures, the ex-depot price of High-Speed Diesel (HSD) may rise by approximately Rs9.50 per litre (about 3.4%). In contrast, petrol prices are expected to drop by nearly Rs2 per litre (around 0.7%).
Since June 1, net fuel prices have already increased substantially — petrol by Rs12.50 per litre and diesel by Rs23 per litre — reflecting fluctuations in international oil markets and tax adjustments.
Price hikes are also expected for other petroleum products:
Kerosene oil: Increase of Rs8.80 per litre (4.8%)
Light Diesel Oil (LDO): Increase of Rs7.15 per litre (4.4%)
Currently, kerosene is priced at Rs185 per litre, while LDO is available at Rs164 per litre.
These expected adjustments highlight growing pressure on Pakistan’s domestic energy market amid rising global oil prices and ongoing economic challenges.
