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After months of high fuel costs, consumers across Pakistan may finally see some relief at the pump.
Prices of petroleum products are expected to fall by as much as Rs6 per litre starting October 16, 2025, following a global drop in crude oil prices and a steady Pakistani rupee.
According to early estimates reported by Express Tribune, the price of petrol could fall by Rs6.10 per litre, bringing it down to Rs262.58 in the next fortnightly review.
The price of high-speed diesel (HSD) may also decline slightly by Rs0.97, reaching Rs275.84 per litre.
Kerosene and Light Diesel Also Set to Decline
The expected reduction isn’t limited to petrol and diesel. Kerosene oil could drop by Rs2.75 per litre to Rs182.22, while light diesel oil (LDO) may decrease by Rs1.64, reaching Rs163.86 per litre.
Industry experts attribute this downward trend to easing global crude oil prices and the stable exchange rate of the Pakistani rupee against the U.S. dollar.
The combination has given the government room to offer price relief to consumers.
Import Premiums and Taxes Remain Key Factors
Currently, the import premium — the cost paid above the base crude price — stands at $6.62 per barrel for petrol and $3.20 for diesel.
Consumers are still paying significant government charges, including Rs80.52 per litre in petroleum levy and carbon surcharge on petrol, and Rs79.51 per litre on diesel.
The Inland Freight Equalisation Margin (IFEM), which helps maintain uniform prices nationwide, adds Rs8.69 per litre for petrol and Rs6.19 for diesel.
Final Prices to Be Announced October 15
The Ministry of Finance will confirm the new prices on October 15, after reviewing the latest data from Platts — a benchmark for global oil prices — and the most recent exchange rate trends.
Once approved, the new rates will take effect nationwide at midnight on October 16, 2025, giving consumers a rare break amid months of financial pressure.
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