ISLAMABAD: Consumers burdened by high inflation are likely to get some respite as petroleum product prices are expected to drop in the upcoming fortnightly review, effective October 16, 2025.
As per industry sources, petrol prices in Pakistan are expected to fall by Rs6.10 per litre to Rs262.58 in the upcoming fortnightly review, according to industry sources. The price of high-speed diesel (HSD) may also decline slightly by Rs0.97 to Rs275.84 per litre.
Kerosene oil is likely to drop by Rs2.75 to Rs182.22 per litre, while light diesel oil (LDO) could decrease by Rs1.64 to Rs163.86 per litre.
The expected reduction comes amid easing global crude oil prices and a relatively stable Pakistani rupee against the U.S. dollar. The ex-refinery rate of petrol is projected to fall from Rs162.96 to Rs156.86 per litre, while diesel’s rate is expected to decline from Rs174.28 to Rs173.31 per litre. Ex-refinery prices of kerosene and LDO are also likely to fall to Rs153.86 and Rs142.06 per litre, respectively.
Industry officials said the drop reflects a mild correction in international oil markets and softer demand. The import premium currently stands at $6.62 per barrel for petrol and $3.20 for diesel. They added that lower crude prices and a steady exchange rate have created fiscal room for the government to provide relief to consumers.
The current fuel price structure includes Rs80.52 per litre in petroleum levy and carbon surcharge on petrol, and Rs79.51 on diesel. The Inland Freight Equalization Margin (IFEM) stands at Rs8.69 per litre for petrol and Rs6.19 for diesel, with no exchange rate adjustment recorded in this review period.
Analysts noted that the potential price cut could help ease inflationary pressures and reduce transport and logistics costs. “The combination of a steady rupee and softer oil prices offers temporary relief for consumers,” an industry source said.
The Ministry of Finance will announce the final prices on October 15 after reviewing the latest Platts data and exchange rate trends. The revised prices will take effect nationwide from midnight on October 16, 2025.