The Government of Pakistan has officially announced a revision in petroleum product prices, effective October 1, 2025. Acting on recommendations from the Oil and Gas Regulatory Authority (OGRA), the new rates reflect a notable hike for both High-Speed Diesel (HSD) and Petrol (Motor Spirit – MS).
New Petrol and Diesel Rates
According to the notification:
- High-Speed Diesel (HSD): Increased by Rs. 4.04, now priced at Rs. 276.81 per litre (previously Rs. 272.77).
- Petrol (MS): Increased by Rs. 4.07, bringing the new price to Rs. 268.68 per litre (previously Rs. 264.61).
This upward revision comes as part of the government’s routine fortnightly adjustments, which are tied to international oil market trends and local economic conditions.
Why the Prices Increased
The rise in fuel prices is primarily linked to:
- Fluctuations in the global crude oil market
- Exchange rate pressures affecting import costs
- Domestic economic adjustments, including taxation and freight charges
Impact on Consumers and Economy
Petroleum products are a cornerstone of Pakistan’s economy, driving the transportation sector, manufacturing industries, and agricultural machinery. A price hike not only affects vehicle owners but also contributes to higher inflation, as transportation and production costs ripple through to food, goods, and services.
Economists note that the government faces a delicate balance between passing on global price changes to consumers and shielding them from inflationary pressures.
