After the recent increase in fuel prices on October 1, 2025, Pakistan may face another hike in petrol and diesel prices from 16 October 2025. According to energy sector sources and market experts, the rise is expected due to global oil price fluctuations and the depreciation of the Pakistani rupee. This possible revision will be announced officially by the Ministry of Finance and OGRA around 15 October 2025.
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Table of Contents
Current Fuel Prices (as of October 9, 2025)
| Product | Old Price (PKR/Litre) | Current Price (PKR/Litre) | Increase (01 Oct 2025) |
| Petrol | 264.61 | 268.68 | +4.07 |
| Diesel (HSD) | 272.77 | 276.81 | +4.04 |
Currently, petrol costs Rs. 268.68 per litre and diesel costs Rs. 276.81 per litre. These rates were fixed on October 1, but due to rising international crude prices — now above $93 per barrel — the next price cycle may bring another increase.
Expected Petrol and Diesel Prices from 16 October 2025
Based on ongoing trends in the global oil market and changes in the exchange rate, the expected hike could be as follows:
| Product | Current Price (PKR/Litre) | Expected Increase (PKR) | Expected New Price (PKR/Litre) |
| Petrol | 268.68 | +2.21 | 270.89 |
| Diesel | 276.81 | +3.50 | 280.31 |
Note: These are estimated figures. Final official rates will be released after OGRA’s review on 15 October 2025.
Why Are Petrol Prices Increasing Again?
Experts say multiple reasons are driving this expected hike:
- Rising Global Oil Prices: International oil costs have increased, putting direct pressure on imports.
- Rupee Depreciation: The Pakistani rupee has slightly weakened against the U.S. dollar.
- Freight and Tax Adjustments: Changes in import premiums, petroleum levy, and transportation costs affect local rates.
- Refinery Margins: Local refineries have raised conversion charges due to higher input costs.
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Impact on Consumers and Economy
The potential price increase will impact transport fares, delivery charges, and daily essentials. Public transport operators and logistics companies may raise fares soon. Middle-class households are expected to face additional pressure as inflation could rise above 28% if the government doesn’t intervene with subsidies or tax cuts.
Government Response
Finance Ministry officials said that any adjustment will be made with “public welfare in mind.” However, Pakistan’s agreement with the IMF restricts large-scale fuel subsidies. The official notification on new prices is expected to be issued on 15 October 2025, taking effect from midnight, 16 October 2025.
Historical Overview of Fuel Prices (September–October 2025)
| Effective Date | Petrol (PKR/Litre) | Diesel (PKR/Litre) | Change |
| 01 Oct 2025 | 268.68 | 276.81 | +4.07 / +4.04 |
| 15 Sep 2025 | 264.61 | 272.77 | No Change |
| 01 Sep 2025 | 259.92 | 268.00 | -2.10 / -1.50 |
| 16 Aug 2025 | 262.02 | 269.50 | +3.00 / +2.50 |
Final Thoughts
If these predictions come true, petrol could reach Rs. 270.89/litre and diesel Rs. 280.31/litre. Rising fuel costs continue to challenge Pakistan’s fragile economy and everyday life. The upcoming OGRA announcement will be closely watched by citizens, transporters, and traders alike.
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FAQs
Q1. What is the current petrol price in Pakistan?
As of October 9, 2025, petrol costs Rs. 268.68 per litre.
Q2. When will new fuel prices be announced?
New prices will be revealed on 15 October 2025 and implemented from 16 October 2025.
Q3. How much increase is expected?
Petrol may rise by Rs. 2–3, and diesel by Rs. 3–4 per litre.
Q4. Why are prices increasing again?
Due to higher global oil rates, import costs, and rupee depreciation.
Q5. Can the government reduce fuel prices?
Only if it lowers petroleum levies or provides temporary subsidies, depending on IMF policy conditions.
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