ISLAMABAD: The federal government has announced a fresh revision in fuel prices, raising the cost of both petrol and high-speed diesel effective from November 1, 2025. According to an official notification, the price of petrol has been increased by Rs2.43 per litre, while high-speed diesel has gone up by Rs3.02 per litre. The new rates have been updated following recommendations from the Oil and Gas Regulatory Authority (OGRA) in line with global market trends.
With the latest adjustment, the price of petrol has moved from Rs263.02 to Rs265.45 per litre. Meanwhile, high-speed diesel will now cost Rs278.44 per litre, compared to its previous price of Rs275.42. The government stated that the increase was driven primarily by rising international crude prices and the depreciation of the Pakistani rupee, which continues to add pressure on energy imports.
Fuel prices in Pakistan are reviewed twice a month, and fluctuations in the international oil market often play a decisive role. Analysts point out that the recent escalation in global crude demand, along with shipping and supply chain constraints, has contributed to the latest increase. They note that the government had limited room to absorb the cost through subsidies due to ongoing budgetary constraints.
The rise in petrol prices is expected to impact transportation costs nationwide, particularly affecting middle-income households and daily commuters. Public transport associations have already indicated that a fare adjustment may be considered if prices remain elevated in the coming weeks. Similarly, high-speed diesel widely used in trucks, buses, and agricultural machinery is likely to increase freight and food transportation costs.
Economists warn that the persistent rise in fuel prices could contribute to inflationary pressures, particularly in essential commodities and the agricultural sector. However, the government maintains that price adjustments are aligned with global market realities and necessary to avoid fiscal instability. Further revisions will depend on international oil price movements and currency valuation in the coming review cycle.
