Pakistan Fuel Price Hike: Petrol & Diesel Rates
PakistanS fuel prices are surging. Petrol and diesel rates have increased significantly, as announced by the Finance Division, impacting consumers promptly. Faced with economic pressures, the government implemented these hikes, with petrol now costing Rs258.43 per liter and diesel at Rs262.59 per liter, effective June 16. News Directory 3 keeps you informed, revealing that these adjustments followed recommendations from Ogra and reflect rising international market prices. Moreover, a petroleum levy and carbon levies are slated to hit starting July 1. Stay ahead of the curve: Discover what’s next …
Pakistan Increases Petrol and Diesel Prices Amid Economic Pressure
Updated June 16, 2025
Pakistan’s Finance Division announced notable increases in petrol and diesel prices Sunday night. The price of petrol rose by Rs4.80 per liter, while diesel climbed by Rs7.95 per liter.
Effective June 16, the new price for high-speed diesel (HSD) is Rs262.59 per liter, up from Rs254.64. Petrol will now cost Rs258.43 per liter, an increase from Rs253.63.
The Finance Division said the Oil and Gas Regulatory Authority (Ogra) and relevant ministries recommended the price adjustments.
Initial estimates had projected smaller increases of Re1 and Rs5 per liter for petrol and diesel, respectively. The adjustments reflect rising international market prices.
earlier in the week, the government committed to the international Monetary Fund (IMF) to impose a petroleum levy of Rs77 per liter, along with carbon levies on furnace oil and charges on petrol and diesel, starting July 1.
What’s next
Consumers can expect continued monitoring of global fuel prices and potential adjustments to domestic rates as Pakistan navigates its economic challenges and commitments to international financial institutions.