Latest Petrol Price in Pakistan Today
As of July 01, 2025, the government has announced new fuel prices effective nationwide. Here is the latest petrol price in Pakistan today update:
| Fuel Type | Old Price (PKR) | New Price (PKR) | Difference (PKR) |
|---|---|---|---|
| Petrol (Super) | 258.43 | 266.79 | +8.36 |
| High Speed Diesel | 262.59 | 272.98 | +10.39 |
| Light Speed Diesel | 155.81 | 155.81 | 0.00 |
| Kerosene Oil | 171.65 | 171.65 | 0.00 |
Petrol and diesel prices have increased this fortnight, while light diesel and kerosene remain unchanged. The price revision reflects changes in global oil trends and local fiscal policies.
Petrol Price Trends and Historical Comparison
2024 High: Petrol prices peaked at ₨282.11 per litre in July 2024 due to a sharp increase in global oil prices.
2023 Average: Mid-2023 rates were more stable, ranging around ₨230 per litre, depending on currency strength and global oil supply.
Recent Pattern:
- June 16, 2025: ₨258.43 per litre
- July 01, 2025: ₨266.79 per litre
When examining the petrol price comparison in Pakistan 2024, it’s clear the market experienced significant fluctuations, largely influenced by global crude oil prices, rupee-dollar exchange rate changes, and government-imposed levies.
Why Petrol Prices Are Increasing in Pakistan
1. Global Crude Oil Prices
Rising international crude oil prices are a key factor. Recent geopolitical tensions have pushed Brent and WTI oil prices upward, making petroleum imports more expensive for Pakistan.
2. Currency Depreciation
The Pakistani Rupee’s exchange rate against the US Dollar directly affects import costs. Even when the rupee slightly appreciates, the high dollar price of oil keeps petrol expensive.
3. Government Taxes and Levies
Several components are added to the base price:
- Petroleum Development Levy (PDL)
- Customs duty
- Inland Freight Equalization Margin (IFEM)
- Distributor and dealer margins
These taxes and fees contribute significantly to the final consumer price. As of mid-2025, the PDL alone is set at ₨70 per litre.
4. Policy Reforms and IMF Conditions
The government’s compliance with International Monetary Fund (IMF) conditions often includes cutting fuel subsidies and increasing levies, contributing to price hikes.
5. Transportation and Refining Costs
Inefficiencies in domestic refining and rising freight charges through IFEM also lead to higher costs passed on to consumers.
Government Policies Affecting Fuel Prices
- Biweekly Review System: Fuel prices are adjusted every 15 days based on global market trends and local economic conditions, with recommendations from the Oil and Gas Regulatory Authority (OGRA).
- 2024–25 Budget Reforms: Included raising the PDL to ₨70/litre and reducing subsidies.
- IMF Program Compliance: Regular adjustments in petroleum prices are part of the broader strategy to improve revenue collection and reduce fiscal deficits.
- Deregulation Plans: The government has discussed deregulating petroleum prices to allow market forces more influence. However, this has met resistance from oil refiners and marketers.
Petrol Price Comparison: 2024 vs. 2025
| Period | Price Range (₨/L) | Key Factors |
|---|---|---|
| Early 2024 | ₨230–250 | Moderate global prices, stable rupee |
| July 2024 | ₨282.11 (peak) | Crude surge, reduced subsidies |
| Jan–Mar 2025 | ₨250–256 | IMF policies, tax adjustments |
| June-July 2025 | ₨258.43-266.79 | Oil price spike, PDL increase |
FAQ – Petrol Price in Pakistan
Q: What is the current petrol rate in Pakistan today?
A: As of July 01, 2025, it is ₨266.79 per litre.
Q: Why are petrol prices increasing in Pakistan?
A: Due to global crude oil hikes, rupee depreciation, higher taxes, and subsidy cuts tied to IMF conditions.
Q: How often does the petrol price change?
A: Every 15 days, based on OGRA’s recommendations and international market conditions.
Q: How does the 2024 trend compare to 2025?
A: 2024 saw a record high of ₨282.11. Prices in 2025 have been slightly lower but remain volatile.
Q: Where can I check updated petrol prices in Pakistan?
A: Prices are published by the Finance Division and shared through reputable news platforms.
Final Thoughts
For users searching terms like current petrol price in Pakistan today, why petrol prices are increasing in Pakistan, or petrol price comparison in Pakistan 2024, it’s clear that fuel costs are shaped by a complex mix of global and local economic forces. With petrol now at ₨266.79 per litre, it’s more important than ever to stay informed.
Call to Action
Petrol prices in Pakistan change every two weeks. Stay up to date by checking official sources and news reports regularly so you can plan your fuel expenses wisely.
