After the recent hike in fuel prices on October 1, 2025, Pakistan may face another increase in petrol and diesel prices from 16 October 2025. According to market experts and OGRA sources, the petrol price may rise to Rs. 270.89 per litre, and diesel may go up to Rs. 280.31 per litre. This expected rise is due to the continuous surge in global crude oil prices and the depreciation of the Pakistani rupee against the US dollar.
Table of Contents
Current Fuel Prices (as of October 9, 2025)
| Product | Old Price (PKR/Litre) | Current Price (PKR/Litre) | Increase (01 Oct 2025) |
| Petrol | 264.61 | 268.68 | +4.07 |
| Diesel | 272.77 | 276.81 | +4.04 |
The last adjustment was made on October 1, 2025, and prices have remained stable since then. However, due to the rising trend in global oil prices now above $93 per barrel another adjustment appears inevitable in the mid-October review.
Expected Petrol and Diesel Prices from 16 October 2025
| Product | Current Price (PKR/Litre) | Expected Increase (PKR) | Expected New Price (PKR/Litre) |
| Petrol | 268.68 | +2.21 | 270.89 |
| Diesel | 276.81 | +3.50 | 280.31 |
Note: These are expected figures. Final official prices will be announced by the Ministry of Finance and OGRA on 15 October 2025.
Why Are Fuel Prices Increasing Again?
Experts explain that multiple global and domestic factors are behind the expected hike:
- Rising Global Oil Prices: International crude oil prices have surged beyond $93 per barrel, raising import costs for Pakistan.
- Rupee Depreciation: The Pakistani rupee’s decline against the dollar makes petroleum imports more expensive.
- Freight and Taxes: Adjustments in petroleum levies and import premiums also add to retail fuel prices.
- Refinery Margins: Local refineries have increased conversion costs due to higher input prices.
Impact on Consumers and Economy
The rise in fuel prices will directly affect transport fares, goods delivery rates, and inflation. Public transport operators may soon revise their fares, while middle-class households will struggle with rising living costs. Economists warn that inflation could exceed 28% if the government doesn’t step in with subsidies or tax relief.
Historical Overview of Fuel Prices (September–October 2025)
| Effective Date | Petrol (PKR/Litre) | Diesel (PKR/Litre) | Change |
| 01 Oct 2025 | 268.68 | 276.81 | +4.07 / +4.04 |
| 15 Sep 2025 | 264.61 | 272.77 | No Change |
| 01 Sep 2025 | 259.92 | 268.00 | -2.10 / -1.50 |
| 16 Aug 2025 | 262.02 | 269.50 | +3.00 / +2.50 |
Final Thoughts
The expected fuel price hike from 16 October 2025 will once again challenge Pakistan’s struggling economy. With the global oil market remaining volatile and the rupee weakening, consumers must prepare for higher travel and living costs. Unless strong policy measures are introduced, these price hikes could further push inflation and slow down economic recovery.
FAQs
Q1: What is the current petrol price in Pakistan?
As of October 9, 2025, petrol is priced at Rs. 268.68 per litre.
Q2: When will the new fuel prices be announced?
The official announcement is expected on 15 October 2025 by OGRA.
Q3: How much increase is expected?
Petrol may rise by Rs. 2–3, while diesel could increase by Rs. 3–4 per litre.
Q4: Why are prices increasing again?
Due to global oil price hikes, import costs, and rupee depreciation.
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