By Consumers in Pakistan may soon face yet another hike in petrol and diesel prices, as global crude oil markets experience a fresh rally. Sources suggest that both ex-refinery and ex-depot rates are poised for upward revisions, which could significantly impact household budgets already stretched by inflation and rising utility bills.
Projected Ex-Refinery Price Increases
According to projections:
- Petrol may climb from Rs. 160.93 to Rs. 162.90 per liter (+1.2%).
- High-Speed Diesel (HSD) is expected to rise from Rs. 172.65 to Rs. 175.13 per liter (+1.4%).
- Kerosene oil could see the steepest hike, jumping from Rs. 151.62 to Rs. 156.27 per liter (+3.1%).
- Light Diesel Oil (LDO) is likely to move from Rs. 141.63 to Rs. 143.39 per liter (+1.2%).
These ex-refinery revisions will directly affect ex-depot rates, which are the prices consumers pay at the pump.
Expected Ex-Depot Price Revisions
At the consumer level, the adjustments are projected as follows:
- Petrol: from Rs. 264.61 to Rs. 266.58 (+0.7%).
- Diesel: from Rs. 272.77 to Rs. 275.25 (+0.9%).
- Kerosene oil: from Rs. 179.96 to Rs. 184.61 (+2.6%).
- Light diesel oil: from Rs. 163.42 to Rs. 165.18 (+1.1%).
Impact on Consumers
If approved, the revised rates will further tighten household budgets, especially for low- and middle-income families. With record-high inflation, elevated electricity tariffs, and soaring food costs, the expected fuel hike is likely to add more pressure on transport and commodity prices nationwide.
Economic Outlook
The surge in petroleum prices underscores Pakistan’s vulnerability to global oil market fluctuations, as the country heavily relies on imports to meet its energy needs. Analysts warn that continuous hikes could dampen consumer purchasing power and slow down economic activity unless global crude prices stabilize.
Disclaimer: The projected fuel price revisions mentioned above are based on available market data and industry sources. Final prices are subject to official confirmation by the Government of Pakistan and the Oil and Gas Regulatory Authority (OGRA). Readers are advised to verify updated rates from official notifications before making financial or business decisions.
