Pakistan Lowers Petrol Prices, Giving Residents Relief Despite Worldwide Trends
In response to declining world oil prices and lower import charges, the Pakistani government has announced a drop in the price of gasoline and diesel beginning May 1, 2025.
Pakistan's current petrol prices as of May 15, 2025
With effect from May 1, 2025, the government has lowered the cost of gasoline and high-speed diesel by Rs. 2 per liter. The prices have been revised and are:
Petrol costs 252.63 rupees per liter.
Per liter, High-Speed Diesel (HSD) costs Rs. 256.64.
On the basis of the Oil and Gas Regulatory Authority's (OGRA) recommendations, these tariffs were changed.
source: Pak Wheels
Anticipated Additional Price Cuts
Experts believe that petrol and diesel prices may be lowered again in the upcoming fortnightly review due to a drop in global crude oil prices and reduced import charges.
The The Express Tribune is the source.
Public Reaction and Government Action
The Economic Coordination Committee (ECC) authorized the distribution of a Rs. 4.12 per liter gasoline and HSD relief to refineries, oil marketing firms, and dealers on May 13, 2025.
source The News
There is worry, meanwhile, that the government would raise the price of fuel more, negating any potential consumer advantage.
source Dawn
The public is relieved that fuel costs have just dropped. Nonetheless, individuals are encouraged to keep themselves updated and adjust their budgets in light of the shifting global oil markets and the ongoing evolution of local policy decisions.
