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Petrol Price in Pakistan Decreased Now: Perfect Summer Gift!

Petrol Price in Pakistan

Petrol Price in Pakistan: As expected, the government decided to reduce fuel prices in the next fortnight. Many of us expected a reduction in fuel prices after a significant decline in worldwide oil prices, which it did not happen for the last time, but now the benefit has been handed over to the general public. If you are interested in the latest price of petrol in Pakistan today, we will show you the petrol price in Pakistan and its breakdown in this blog.

Here are the latest petroleum prices, effective May 1, 2025.

Petrol Price in Pakistan Today

ProductOld Price (Rs.)New Price (Rs.)Difference (Rs.)
Petrol254.63252.63-2
High Speed Diesel (HSD)258.64256.64-2

OGRA Notification

Petrol Price in Pakistan

If you are wondering what the price per liter of petroleum products is in Pakistan, the following information will be helpful:

Petroleum Levy in Pakistan

This is the current (with effect April 16, 2025) tax regime:

ProductPL (Rs.)GST (Rs.)IFEM (Rs.)OMC (Rs.)DC (Rs.)Ex Refinery (Rs.)
Petrol78.0206.897.878.64153.21

Glossary of Terms

  • PL (Petroleum Levy or Petroleum Development Levy)
  • GST (General Sales Tax)
  • IFEM (Inland Freight Equalization Margin)
  • OMC (Oil Marketing Companies Margins)
  • DC (Dealers’ Commission)
  • Ex Refinery (Price per liter as sold by the refinery)

History of Petrol Prices in Pakistan

DatePetrol Price / Litre (PKR)
May 1, 2025252.63
April 1, 2025254.63
March 1, 2025255.63
February 16, 2025256.13
February 1, 2025257.13
January 15, 2025256.13
December 31, 2024252.66
December 16, 2024252.10
December 1, 2024252.10
November 1, 2024248.38
October 16, 2024247.03
October 1, 2024247.03
September 16, 2024249.10
September 1, 2024259.10
Aug 14, 2024260.96
Aug 1, 2024269.43
July 15, 2024275.60
July 1, 2024265.61
June 15, 2024258.16
June 1, 2024268.36
May 15, 2024273.10
May 1, 2024288.49
April 16, 2024293.94
April 1, 2024289.41
March 16, 2024279.75
March 1, 2024279.75
February 16, 2024275.62
February 1, 2024272.89
January 16, 2024259.34
January 1, 2024267.34
December 16, 2023267.34
December 1, 2023281.34
November 16, 2023281.34
November 01, 2023283.38
October 16, 2023283.38
October 01, 2023323.38
September 16, 2023331.38
September 01, 2023305.36
August 16, 2023290.45
August 01, 2023272.95
July 16, 2023253.00
June 01, 2023262.00
May 16, 2023270.00
April 16, 2023282.00
March 16, 2023272.00
March 01, 2023267.00
February 16, 2023272.00
January 29, 2023249.80

Petrol Price in Pakistan: Analysis

The petrol price in Pakistan will decrease for the next fourteen days because this time the government wants to pass the advantage of a global reduction in the price of oil. Most recently, it was handed over through development projects (dualization of the vital N-25 highway in Balochistan & completing Phase 2 of the Kachhi Canal). In this respect, the oil levy was increased to Rs. 78.02. If global oil prices continue to fall, we can see another decline in further adjustment.

FAQs

What is the petrol price in Pakistan today?

The price of 1 liter of petrol in Pakistan is currently PKR 252.63/Ltr.

What is the highest recorded price of petrol in Pakistan?

The highest recorded price of petrol in Pakistan was on 2023-09-16, during which petrol was available at a staggering PKR 331.38/Ltr.

How are petrol prices calculated in Pakistan?

Petrol prices in Pakistan are calculated based on a formula that takes into account factors such as international crude oil prices, exchange rates, taxes, freight charges, distribution margins, and dealer commissions.

If you have any thoughts on this, please share them in the comments below.

Also check: LPG Price in Pakistan Today

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