Following are today’s updated petroleum prices in Pakistan on Thursday, February 6, 2025. Citizens are advised to check the petroleum prices before fueling their motor vehicles.
Here are the updated prices: petrol per liter is Rs 257.13, and high-speed diesel per liter is Rs 267.95. The fuel prices at petrol stations may vary due to dealers’ commissions. These prices shall prevail till February 15, 2025.
READ MORE: Pakistan increases petrol and diesel prices for 1st half of February
On January 31, 2025, the government of Pakistan announced an increase in the prices of petrol and high-speed diesel (HSD) for the first half of February 2025. According to an official notification, the petrol price has risen by Re 1, reaching Rs 257.13 per liter, while high-speed diesel has seen a significant hike of Rs 7, bringing it to Rs 267.95 per liter. This increase comes as a disappointment to citizens who were expecting a reduction in petrol and diesel prices due to recent downward trends in the international petroleum market.
According to a notification issued by the finance division, the Oil and Gas Regulatory Authority (OGRA) has reviewed and adjusted consumer prices for petroleum products in view of recent fluctuations in the international market. Despite a relatively stable exchange rate, the final adjustment in petrol and diesel prices depends on the remaining one-day Platts data. Government sources indicate that the revised petroleum rates will be officially announced later today. Many consumers are anxiously awaiting the update, hoping for some relief in fuel costs, though indications suggest further financial strain.
The rise in petrol and diesel prices is expected to have a ripple effect on the economy, leading to higher transportation costs, increased prices of essential commodities, and an overall spike in inflation. Many industries reliant on petrol and diesel, such as logistics and manufacturing, are likely to experience higher operational costs, which could translate to price hikes for consumers. Public transport operators may also adjust fares, placing an additional financial burden on daily commuters.
As Pakistan navigates economic challenges, citizens and businesses are bracing for the impact of these increased fuel costs. The government faces mounting pressure to implement strategies that mitigate the burden on consumers while maintaining fiscal stability. Whether additional price adjustments will follow in the coming months remains to be seen, as global fuel trends and economic policies continue to shape the local petroleum market. Policymakers will need to monitor international fuel trends closely and devise solutions that balance economic sustainability with public relief.