Islamabad, October 15, 2025 – Pakistani consumers are likely to receive some much-needed relief at the fuel pump as petroleum prices are expected to decline significantly in the second half of October 2025.
The upcoming fortnightly review, effective October 16, 2025, may bring a reduction of up to Rs 6.50 per litre in key petroleum products, following a global downturn in crude oil prices.
The Oil and Gas Regulatory Authority (Ogra) is finalizing the new price calculations today (Wednesday), while the Ministry of Finance will announce the official rates on October 15 after assessing international oil market data and exchange rate movements. The new petroleum prices will be enforced nationwide starting from October 16, 2025.
According to early estimates, petrol prices could fall by Rs 6.50 per litre, setting the new price at Rs 262.18 per litre. High-Speed Diesel (HSD) may see a minor reduction of Re 1.00 per litre, bringing it to Rs 275.81 per litre. Kerosene Oil might drop by Rs 2.75 per litre to Rs 182.22, while Light Diesel Oil (LDO) could decrease by Rs 1.64 to Rs 163.86 per litre.
Industry sources revealed that the import premium currently stands at USD 6.62 per barrel for petrol and USD 3.20 for HSD. The existing price structure also includes a petroleum levy and carbon surcharge of Rs 80.52 per litre on petrol and Rs 79.51 on HSD. Additionally, the Inland Freight Equalization Margin (IFEM) is Rs 8.69 per litre for petrol and Rs 6.19 for HSD, with no exchange rate adjustment made during the last review.
This expected reduction could ease inflationary pressures and provide temporary economic relief to consumers across Pakistan, marking a hopeful turn in the country’s ongoing struggle with rising energy costs.