Petrol Diesel Prices Hiked Again in Pakistan
According to a notification issued by the Ministry of Finance, the petrol price has been increased by Rs4.80 per litre, bringing the new petrol price to Rs258.43 per litre.
Similarly, the price of high-speed diesel has been raised by Rs7.95 per litre, with the new rate set at Rs262.59 per litre.
This latest hike in petrol prices comes as part of the government’s regular fuel price adjustment, and it will be effective for 15 days.
The official notification also stated that the changes will come into effect immediately and will remain in force until the next review.
As reported that on June 1, 2025, the government of Pakistan officially raised petrol prices by one rupee per litre.
According to the latest notification, the new price of petrol is now set at Rs253.63 per litre, up from the previous rate of Rs252.63.
IMF proposes diesel, petrol price hike for cash purchases
The latest notification confirms that there has been no change in diesel rates, which will continue to be sold at Rs254.64 per litre across the country.
The price hike has come into effect immediately following the issuance of the official notification. Citizens are expected to feel the impact of this slight increase in their daily transportation costs.
On May 16, 2025, the federal government announced that keep the petrol price unchanged for the next fortnight in Pakistan.
According to a notification issued here, the petrol price was kept unchanged at Rs 252.63 per litre. However, the high-speed diesel price has decreased by Rs 2 per litre as the new price is fixed at Rs 254.64 per litre.
Previously, on April 30, the government reduced petrol and diesel prices by Rs 2 per litre each, setting petrol at Rs 252.63 per litre and diesel at Rs 256.64 per litre after a reduction of Rs 2.
On April 15, Prime Minister (PM) Shehbaz Sharif said that the prices would not be reduced; instead, he added that the benefits of declining global oil prices to consumers would be passed through uplift projects.
He said that development projects would extend to the masses the advantages of reduced petrol prices in the global market.
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