Government announces weekly fuel price revision, cutting petrol by Rs4 and diesel by Rs2 per litre effective June 13 amid global oil market changes.
The federal government has announced a slight reduction in the prices of petroleum products, lowering petrol by Rs4 per litre and high-speed diesel (HSD) by Rs2 per litre for the upcoming weekly review period ending June 19.
The revised fuel prices will come into effect from June 13, according to an official notification issued by the Petroleum Division.
Following the latest adjustment, the price of petrol has been reduced to Rs373.78 per litre from the previous Rs377.78 per litre.
Similarly, the price of high-speed diesel has been cut to Rs378.78 per litre, down from Rs380.78 per litre. The changes reflect the government’s ongoing weekly fuel price revision mechanism, which is based on international market trends and currency fluctuations.
This latest reduction comes just a week after the government had already lowered petrol prices by Rs4 per litre, while keeping the price of high-speed diesel unchanged at that time.
The consistent downward adjustments indicate a mild easing trend in global oil prices, which is being partially passed on to domestic consumers.
Authorities routinely review petroleum prices on a fortnightly or weekly basis to align local rates with international crude oil movements.
These revisions are aimed at maintaining fiscal balance while also providing limited relief to consumers facing inflationary pressures.
Although the reduction in fuel prices is relatively small, it may still offer slight relief to transport operators and commuters, particularly in urban centers where fuel costs significantly affect daily expenses and logistics pricing.
However, the overall impact on inflation is expected to remain modest due to the limited scale of the cut.
The Petroleum Division has stated that the new rates will remain applicable for the specified period unless further revisions are announced in the next review cycle.
Fuel prices in Pakistan continue to be closely monitored as they remain a key driver of inflation and economic stability.
