Pakistan set to cut petroleum prices sharply from Oct 16

petrol shortage

Islamabad, October 14, 2025 – Pakistan is expected to announce a major reduction in petroleum prices for the next fortnight, starting from October 16, 2025. The expected downward revision comes amid falling international oil rates and currency stability, offering relief to consumers across the country.

As per early estimates, the price of petrol may drop by Rs6.10 per litre, while high-speed diesel (HSD) could see a minor decline of 97 paisa per litre. Similarly, kerosene oil prices are projected to fall by Rs2.75 per litre, and light diesel oil (LDO) by Rs1.64 per litre.

The petroleum industry has reportedly completed its pricing calculations and shared the figures with the Oil and Gas Regulatory Authority (OGRA). The regulator is expected to forward the final summary to the Petroleum Division, which will then submit it to the Ministry of Finance for approval.

Following consultations with Prime Minister Shehbaz Sharif, the Ministry of Finance will announce the new petroleum prices officially on Tuesday night.

Currently, petrol in Pakistan costs Rs268.68 per litre, while high-speed diesel is sold for Rs276.81 per litre. If approved, the new rates will bring petrol down to Rs262.58 and diesel to Rs275.84 per litre from October 16.

This anticipated cut in petroleum prices is expected to ease inflationary pressures and provide much-needed relief to transporters and consumers nationwide.