The federal government has finally brought some relief to the public by reducing petrol prices by Rs. 7.54 per litre, effective from August 1, 2025. This petrol price cut Pakistan comes after a cumulative increase of Rs. 18.52 per litre in petrol prices since June 1, 2025. However, the relief is partial, as high-speed diesel (HSD) prices have gone up by Rs. 1.48 per litre, placing further pressure on the transport and agriculture sectors.
Petrol Price Cut After Weeks of Surging Rates
Since the start of June, the price of petrol rose from Rs. 253.63 per litre to Rs. 272.15 by mid-July, sparking public backlash and economic concerns. With the latest adjustment, the new petrol price stands at Rs. 264.61 per litre. The government attributes this downward revision to fluctuations in global oil prices and currency exchange rates, as well as internal recommendations by the Oil and Gas Regulatory Authority (OGRA).
Diesel Prices Continue to Rise
While petrol users have received some relief, diesel prices have reached an all-time high of Rs. 285.83 per litre, up from Rs. 254.64 on June 1. This continued increase is worrying for industries reliant on diesel — especially transporters, farmers, and heavy machinery operators.
Official Statement
According to the Ministry of Finance:
“The revision in fuel prices is based on recommendations from OGRA and reflects changes in the international market as well as domestic economic conditions.”
This suggests potential future volatility, contingent upon how international crude oil prices and exchange rates behave in the coming weeks.
Read Also: Punjab Govt Offers Rs. 100,000 for Turning Petrol Bikes Electric
Impact on Consumers
While the petrol price cut is welcomed, many consumers view it as insufficient, considering the significant price increase over the last two months. Public transport operators, ride-hailing drivers, and daily commuters may see some short-term benefit, but diesel users are still under heavy pressure.
Conclusion
The latest fuel price revision reflects a partial correction rather than a full-scale relief. With diesel prices still climbing and petrol only slightly reduced, inflationary pressures may persist, especially in goods transport and agriculture. Consumers now look to the next fortnightly review, hoping for broader and more balanced relief.
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