ISLAMABAD – Petrol prices in Pakistan are likely to see further increase in upcoming fortnightly review for second half of July 2025.
Reports said the Oil and Gas Regulatory Authority (OGRA) has completed the initial working about revising the petroleum prices in line with fluctuations in the international market. It will send a summary in this regard to the Minister of Finance tomorrow (July 15).
The ministry will announce the new petrol prices for the period of July 16-31 after having consultation with Prime Minister Shehbaz Sharif.
Current Petrol Price in Pakistan
Currently, per petrol price stands at Rs266.79 after it was increased by Rs8.36 in previous fortnightly review.
Similarly, the high speed diesel is being sold for Rs272.98 per litre after it recorded an increase of Rs10.39 with effect from July 1.
Expected Petrol Price in Pakistan from July 16
The revised fuel prices will come into effect from July 1, 2025. As per the reports, the petrol price may see an increase of Rs6.26 per litre, with expected rate settling at Rs273.05.
Similarly, the price of high speed diesel is likely to increase by Rs5.27, taking the new rate to Rs278.25 per litre.
The prices of kerosene oil and light speed diesel are likely to decreae by Rs3.74 and 2.23 per litre, respectively.
If the petrol and diesel prices are increased, they would ultimately affect the train and bus fares across the country, besides jacking up the prices of several essential items.