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New petrol price increase in Pakistan from February 1, 2025

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New petrol price increase in Pakistan from February 1, 2025

New petrol price increase in Pakistan from February 1, 2025

The Pakistani government has jacked up petrol and high-speed diesel (HSD) for the first half of February 2025. The price of petrol has been increased by Rs 1 per liter while the price of HSD has been increased by Rs 7 per liter.

The decision follows a review by OGRA, which adjusted prices in response to recent fluctuations in global oil markets. With the new changes, the price of petrol has been set at Rs 257.13 while the price of diesel has been set at Rs 267.95.

ProductCurrent PriceNew PriceDifference
MS PetrolRs 256.13Rs 257.13+1.00
DieselRs 260.95Rs 267.95+7.00

The price adjustment was due to the increase in global oil prices. Brent crude prices saw an increase of up to $2 per barrel in the last fortnight, HSD prices by more than $2.50 per barrel and petrol prices by 50 cents per barrel.

Today petrol prices in Pakistan

The import premium of petrol also increased by 40 cents to $8.84 per barrel. As a result of these global trends, petrol prices increased by Rs 2 to 2.50 per liter, while HSD and kerosene prices saw an increase of about Rs 5 to 6 per liter.

In the previous review, the government had increased petrol prices by Rs 3.47 per litre, taking the new price to Rs 256.13 per litre. The price of HSD was increased by Rs 2.61 per litre, setting the revised rate at Rs 260.95 per litre.

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