Petrol Price Increased Again in Pakistan: Government Announces New Fuel Rates from June 16, 2025
The Government of Pakistan has officially raised petroleum product prices for the upcoming fortnight, marking yet another increase in fuel costs that will affect consumers nationwide. According to a notification issued by the Ministry of Finance, the new prices will take effect from June 16, 2025, and remain in place for the next 15 days.
New Petrol & Diesel Prices
- Petrol: Increased by Rs. 4.80, bringing the new rate to Rs. 258.43 per liter
- High-Speed Diesel (HSD): Increased by Rs. 7.95, now priced at Rs. 262.59 per liter
The government attributes this latest adjustment to changes in international oil prices and the depreciation of the Pakistani rupee. These prices were recommended following a routine review by the Oil and Gas Regulatory Authority (OGRA).
Impact on the Public
The rise in fuel costs is expected to trigger a ripple effect throughout the economy, leading to increased transportation fares, delivery charges, and prices of essential goods and services. This is especially concerning for middle- and low-income households already grappling with inflation and stagnant wages.
Public transport operators and goods carriers have warned of possible fare revisions, while citizens express frustration at what they see as an unending wave of price hikes.
Why the Price Hike?
According to economic analysts, several factors have contributed to the decision:
- Global crude oil prices have risen slightly over the past two weeks.
- The value of the Pakistani rupee has declined compared to the US dollar, leading to higher costs for imported goods.
- IMF policy commitments require adjustments based on actual market conditions to reduce fiscal subsidies.
Government’s Position
A spokesperson from the Ministry of Finance stated, “The adjustments are based on international market trends and are necessary to ensure the continuation of petroleum supplies without burdening national reserves.”
The government also clarified that these changes follow a transparent formula and are part of Pakistan’s broader strategy to stabilize the economy under IMF guidelines.
Summary
| Product | Old Price (PKR) | Increase (PKR) | New Price (PKR) |
|---|---|---|---|
| Petrol | 253.63 | +4.80 | 258.43 |
| Diesel (HSD) | 254.64 | +7.95 | 262.59 |
What’s Next?
The next fuel price revision is scheduled for June 30, 2025. Consumers are advised to stay updated through official channels and plan their fuel consumption wisely in the face of continued economic pressures.
