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Petrol Price Shock

Petrol Price Shock: New Rates Announced by Pakistani Government

In  1st June , 2025, the Pakistan Government officially rises the petrol price by Rs1.00 per litre, revising the rate to Rs253.63 per litre (up from Rs252.63). The price of high speed diesel remains unchanged at Rs254.64 per litre. This price hike comes as part of the government’s fortnightly fuel price review based on international oil trends and local economic indicators.These adjustments reflects our commitment to fiscal stability while responding to international market dynamics, a spokesperson from OGRA stated.

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Overview of National Fuel Rate ( 1 June to June 15, 2025)

Fuel TypePrevious Rate (PKR/L)New Rate (PKR/L)
PetrolRs252.63Rs253.63
High Speed DieselRs254.64Rs254.64
Petrol Price Shock New Rates Announced by Pakistani Government 2

Recent Timeline: How did we get here?

The May 16, 2025 that Petrol price held at Rs252.63/litre, Diesel reduced by Rs2.00 to Rs254.64/litre.June 1, 2025: Petrol price hiked by Rs1.00/litre; the Diesel  prices remains unchanged.Every 15 days, Oil and Gas Regulatory Authority (OGRA) conducts the reviews that considering international crude oil prices, refinement costs, and the rupee dollar exchange rate.

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Why the hike? Expert Breakdown

The Rs1.00 change may appear modest, but it is tied to the worldwide energy marketplace variability and Pakistan’s want to manage its fuel import bill. These element influencing the hike include:rising brent crude prices,currency reduction,regional transportation need, and seasonal supply chain break.

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Effect on Citizens

The increases in transportation fares in urban areas Like:Karachi, Lahore, Islamabad, and higher logistics costs impact  on food and commodity prices and pressure on every day wage earner and small enterprise.

Also Read: Afghans in Peshawar Shut Down Businesses Ahead of March 31 Deadline to Leave Pakistan Voluntarily

The City Wise Petrol Rate Queries

Karachi: Petrol price in Karachi today is Rs253.63/litre
Lahore: Petrol rate in Lahore June 2025 is Rs253.63/litre
Islamabad: Petrol price in Islamabad today is Rs253.63/litre
Quetta: Updated petrol rate in Quetta remains Rs253.63/litre
Peshawar: Petrol price Peshawar June 1 is Rs253.63/litre

Petrol Price Shock New Rates Announced by Pakistani Government 1

FAQs:

Q1: What is the current petrol price in Pakistan?

A:   The current prices is Rs253.63 per litre as of June 1, 2025.

Q2: Has diesel price varied this month?

A: No. the Diesel  price remains at Rs254.64 per litre.

Q3: Who determine the fuel prices in Pakistan?

A: The Oil and Gas Regulatory Authority (OGRA) reviews and prices recommends but sanctioned by the Ministry of Finance.

Q4: When is the next fuel price review?

A: Expected around June 15, 2025.

DateBrent Crude (USD/Barrel)PKR/USD RatePetrol Price (PKR/L)
May 1$82.60280.40Rs252.63
June 1$85.10284.90Rs253.63

Final thoughts:

While these prices increment is comparatively minor, consumers should brace for further change amid international economical uncertainty. Staying informed through reliable updates is key to planning fuel related expenditure effectively.

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