Petrol Price in Pakistan Likely to Drop — Relief Expected for Consumers This October

Good news for motorists! Petrol and diesel prices in Pakistan are expected to decrease in the upcoming mid-October 2025 review, bringing much-needed relief to the public struggling with high fuel costs.

According to industry reports, the Oil and Gas Regulatory Authority (OGRA) has completed its working and submitted recommendations for a price reduction to the Petroleum Division, which will forward them to the Ministry of Finance for final approval.

If approved, the new rates will take effect from October 16, 2025, after consultation with the Prime Minister.

Expected Petrol and Diesel Prices in Pakistan (October 2025 Update)

Based on initial calculations, petrol and diesel prices are projected to drop as follows:

This adjustment will provide relief for transporters, businesses, and households, especially as fuel prices have remained high for several months due to international market fluctuations.

Current Petrol and Diesel Prices (Valid Till October 15, 2025)

Before the expected reduction, here are the current prices of petroleum products in Pakistan:

• Petrol: Rs. 268.68 per litre

• High-Speed Diesel: Rs. 276.81 per litre

• Kerosene Oil: Rs. 176.81 per litre

• Light Diesel Oil: Rs. 159.76 per litre

These prices will remain effective until October 15, after which new rates are likely to be announced.

Why Petrol Prices Are Expected to Fall

The anticipated price decrease is primarily due to a drop in global oil prices and improved exchange rate stability. Over the past few weeks, international crude oil rates have softened, giving Pakistan room to adjust domestic prices downward.

Additionally, the rupee’s relative recovery against the US dollar has helped offset import costs, reducing the government’s financial burden on petroleum imports.

OGRA’s summary to the Ministry of Finance reflects these changes, signaling a rare price reduction that could slightly ease inflationary pressures.

Who Will Benefit from the Price Cut?

The price cut, if implemented, will benefit multiple sectors across Pakistan:

• Motorists and Transporters: Lower fuel costs mean reduced transportation expenses.
• Agriculture Sector: Diesel-powered machinery and irrigation pumps will operate at lower costs.
• Businesses and Logistics: Freight and delivery companies can save significantly on fuel.
• Households: Reduced prices of everyday goods due to lower transport costs.

In short, a small drop in petroleum prices has a wide-reaching impact on the economy — helping stabilize costs in other sectors as well.

Government’s Role and Approval Process

The final decision on new petroleum prices rests with the Ministry of Finance after approval from the Prime Minister’s Office.

The pricing process includes:

1. OGRA’s working and recommendations.

2. Review by the Petroleum Division.

3. Final approval by the Ministry of Finance.

4. Announcement of new prices effective October 16, 2025.

This transparent and structured process ensures that petroleum prices reflect real-time global market trends and local currency adjustments.

Public Reaction and Economic Outlook

Consumers across the country are hopeful that the government will approve the proposed reduction. With rising inflation, a decrease in fuel prices could provide temporary financial relief and help stabilize the prices of essential commodities.

Economists, however, caution that while the short-term effect is positive, long-term sustainability depends on how global crude markets perform in the coming months.

Summary

Expected Petrol Price Decrease in Pakistan – October 2025:

• Petrol: May drop by Rs. 6.10 to Rs. 262.58 per litre

• Diesel: Likely to fall by Rs. 0.97 to Rs. 275.84 per litre

• Kerosene: Down Rs. 2.75

• LDO: Down Rs. 1.64

• Effective Date: From October 16, 2025

• Reason: Global oil price decline and rupee stabilization

Pakistanis may finally see fuel relief this month as petrol and diesel prices are expected to decrease, marking a positive shift after months of record highs.

FAQs

Q1. When will the new petrol prices take effect?
The new rates are expected to be implemented from October 16, 2025 after official approval.

Q2. How much is petrol expected to decrease?
Petrol prices are likely to fall by Rs. 6.10 per litre.

Q3. What about diesel prices?
High-speed diesel is expected to decrease slightly by 97 paisa per litre.

Q4. Who decides the petrol prices in Pakistan?
The Oil and Gas Regulatory Authority (OGRA) prepares the summary, which is then approved by the Ministry of Finance in consultation with the Prime Minister.

Q5. Will this price cut affect inflation?
Yes, a reduction in fuel prices can help lower transportation and production costs, which may slightly ease inflation in the coming weeks.