Fuel prices play a vital role in Pakistan’s economy, directly affecting transportation costs, inflation, and the daily budget of millions of households. In Pakistan, the Oil and Gas Regulatory Authority (OGRA) reviews and revises petrol and diesel prices every 15 days, making frequent changes that impact consumers and businesses alike. This article brings you the latest, verified updates on fuel prices in Pakistan, helping you stay informed and plan your expenses effectively.

Current Petrol Prices in Pakistan (Today’s Rate)

Fuel prices in Pakistan are reviewed every 15 days by the Oil and Gas Regulatory Authority (OGRA), and any changes directly affect the transportation sector, inflation, and household budgets. Below are the latest verified fuel prices across the country, effective from 15th August 2025.

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Historical Fuel Prices in Pakistan (Last 6 Months)

Fuel prices in Pakistan are revised by the Oil and Gas Regulatory Authority (OGRA) every 15 days. These frequent changes are influenced by international oil market trends, exchange rates, and domestic taxation policies. Below is a detailed record of the last six months of fuel price adjustments, showing how petrol, diesel, kerosene, and light diesel oil have fluctuated over time.

Why Do Fuel Prices Change in Pakistan?

Fuel prices in Pakistan are reviewed and revised every 15 days by the Oil and Gas Regulatory Authority (OGRA). Since Pakistan relies heavily on imported petroleum products, domestic prices are directly influenced by global and local economic conditions. Understanding these factors helps explain the frequent changes that impact consumers and businesses alike.

International Crude Oil Market

Global crude oil benchmarks such as Brent and WTI set the foundation for petroleum pricing worldwide. A rise in international oil prices increases the import bill for Pakistan, while a global decline typically results in domestic relief—although adjustments depend on other local conditions.

Exchange Rate Fluctuations (PKR vs USD)

Petroleum imports are paid for in US dollars. When the Pakistani rupee weakens against the dollar, the cost of fuel imports rises, leading to higher domestic prices. Conversely, a stronger rupee can offset some of the global market pressures.

Government Taxes and Levies

Retail fuel prices include several charges imposed by the government, such as the Petroleum Levy (PL) and General Sales Tax (GST). Adjustments in these taxes and duties play a major role in determining the final price paid by consumers at fuel stations.

Import and Supply Chain Challenges

Transportation, port handling charges, and the Inland Freight Equalization Margin (IFEM) also affect end-user prices. Disruptions in supply or rising freight costs can add further pressure, even when international oil prices remain stable.

Petrol Price Comparison with Regional Countries

Fuel prices vary significantly across South Asia and the Middle East due to differences in taxation, subsidies, and energy policies. Comparing Pakistan’s petrol price with its regional peers provides valuable context on affordability and policy approaches.

Upcoming Petroleum Price Expectations in Pakistan

Fuel prices in Pakistan are revised by the Oil and Gas Regulatory Authority (OGRA) on the 1st and 15th of every month. These adjustments are influenced by global oil market trends, currency movements, and government taxation policies. Below is an overview of what experts and policymakers are signaling for the coming weeks.

Expert Predictions & Market Outlook

• Recent Adjustments (August 1, 2025): Petrol prices were reduced by Rs. 7.54 per litre, while High-Speed Diesel (HSD) increased slightly by Rs. 1.48 per litre.
• Forecast for Mid-August: Analysts expect a mixed trend, with petrol and HSD potentially seeing further adjustments depending on global crude prices and the rupee’s performance.
• Past Trends: In June–July 2025, prices surged despite falling global oil rates due to:
  • Rupee depreciation against the US dollar
  • Rising war premiums in global markets
  • Higher Inland Freight Equalization Margin (IFEM)
  • Fiscal adjustments linked to IMF requirements

Government Policy Directions

• Bi-Monthly Review: OGRA continues its regular 15-day review cycle to reflect international and domestic market conditions.
• IMF Commitments: Fiscal constraints under IMF agreements limit the government’s ability to reduce petroleum levies, even when global oil prices decline.
• Tax & Levy Adjustments: Amendments in the Petroleum Levy framework allow greater flexibility, but also mean that consumer relief may not fully match drops in international crude prices.

Source: Official updates compiled from OGRA notifications and published by PakWheels & PSO

Next Expected OGRA Updat

• The most recent revision took effect on 1st August 2025.
• The next scheduled update will be announced on or around 15th August 2025, based on OGRA’s standard bi-monthly pricing cycle.

Faqs

Staying updated on fuel prices is important for households, businesses, and travelers across Pakistan. Below are some of the most commonly asked questions about petrol and fuel pricing, answered clearly for your convenience.