Government Drops Petrol Prices by Rs. 5.66 per Litre Across Pakistan

In a welcome move for consumers across the country, the Government of Pakistan has reduced the price of petrol by Rs. 5.66 per litre, effective from October 16, 2025. The announcement, made by the Finance Division, is part of the government’s ongoing fortnightly fuel price review aimed at easing the financial burden on the public.

According to the latest notification, the new price of MS (petrol) now stands at Rs. 263.02 per litre, down from the previous rate of Rs. 268.68. This reduction is expected to bring some much-needed relief to motorists, transporters, and daily commuters battling persistent inflation and rising costs.

Reduction in Other Petroleum Products

Alongside the petrol price cut, rates of other key petroleum products have also been revised:

• High Speed Diesel (HSD): Reduced by Rs. 1.39, now priced at Rs. 275.41 per litre

• Superior Kerosene Oil (SKO): Down by Rs. 3.26, new price Rs. 181.71 per litre

• Light Diesel Oil (LDO): Reduced by Rs. 2.74, now at Rs. 162.76 per litre

These reductions aim to ease the cost burden on the public, particularly in sectors where diesel and kerosene oil are widely used, such as agriculture, transportation, and small-scale industry.

Economic Impact & Government Statement

In its official statement, the Finance Division emphasised that the price adjustments are designed to provide direct relief to consumers and stimulate economic activity by reducing transportation and manufacturing costs.

“The government is committed to passing on the benefits of lower international oil prices to the public in a transparent manner,” the statement read.

The move is expected to help stabilise inflation in the short term, particularly in urban areas where rising fuel costs have driven up transportation and commodity prices.

Background & Global Context

The decision comes amid fluctuations in international crude oil prices, which have seen a downward trend in recent weeks. Pakistan, being a net importer of petroleum products, adjusts local fuel prices regularly to align with global market changes and rupee-dollar parity.

Consultations with relevant ministries and regulatory bodies, including OGRA, were part of the process before finalising the new prices.

Looking Ahead

The newly announced fuel prices will be valid for the next two weeks, until the end of October. If global oil prices continue to soften, further reductions in local rates may be possible in upcoming reviews.

Citizens are advised to stay informed through official announcements regarding future price revisions and their effective dates.