Petrol Price in Pakistan Today, Latest Government Update on Fuel Prices
ISLAMABAD – As of May 16, 2025, petrol prices in Pakistan remain unchanged at Rs 252.63 per liter, despite hopes for a reduction on this date. However, there’s good news for diesel users—a Rs 2 per liter decrease has been confirmed, bringing the price of High-Speed Diesel (HSD) to Rs 254.64 per liter from the previous Rs 256.64. This update covers the fortnight from May 16 to May 31, 2025.
Current Fuel Prices
- Petrol: Rs 252.63 per liter (unchanged)
- High-Speed Diesel (HSD): Rs 254.64 per liter (reduced by Rs 2)
Many expected a petrol price drop due to recent fluctuations in global oil markets, as reflected in posts on X and earlier reports of potential cuts. However, the government decided to keep petrol prices steady, while the diesel reduction offers some relief, particularly for transport and agriculture sectors.
Why Petrol Prices Are Unchanged
Despite a downward trend in international oil prices and a lower import premium, the government has prioritized fiscal stability over a petrol price cut. The Rs 2 diesel price reduction aligns with global market trends, but petrol rates were maintained to balance economic pressures, possibly due to high petroleum levies and revenue needs.
Impact on Pakistan
The unchanged petrol price means daily commuters and private vehicle owners will continue paying Rs 252.63 per liter. Meanwhile, the diesel price drop to Rs 254.64 per liter may ease costs for heavy transport, farming, and industries, potentially softening inflation in those areas. Fuel prices significantly influence transportation and commodity costs, so this mixed outcome offers partial relief.
What’s Next?
Fuel prices are reviewed every two weeks, with the next update expected around May 31, 2025. Stay tuned to official announcements for any changes, as global oil trends and local policies continue to shape fuel costs in Pakistan.
