Motorists across Pakistan should brace for another hike in petroleum product prices as the government prepares to revise rates for the next fortnight, effective November 1, 2025.
Preliminary calculations suggest that petrol, diesel, and kerosene prices are expected to increase slightly, driven by ongoing fluctuations in global oil prices and the impact of new US sanctions on Russia’s top oil producers.
💰 Expected Increase in Fuel Prices
According to early estimates from industry data covering the first 12 days of the current pricing cycle:
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Petrol may rise by Rs. 1.48 per litre
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High-Speed Diesel (HSD) may increase by Rs. 1.38 per litre
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Kerosene oil could see a sharper rise of Rs. 2.34 per litre
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Light Diesel Oil (LDO) may edge up by Rs. 0.49 per litre
If current market trends persist, new consumer prices from November 1 are projected to be:
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Petrol: Rs. 264.50 per litre
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Diesel: Rs. 276.80 per litre
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Kerosene: Rs. 184.05 per litre
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LDO: Rs. 163.25 per litre
🌍 Global Factors Behind the Price Hike
The expected increase is primarily attributed to:
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Global oil market volatility following recent geopolitical tensions
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US sanctions on major Russian oil companies, which have disrupted international crude supply chains
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Fluctuations in the Pakistani rupee-dollar exchange rate, directly affecting import costs
These combined factors have placed upward pressure on Pakistan’s fuel import prices, leading to another round of expected adjustments.
🏛️ Final Announcement on October 31
The Ministry of Finance and OGRA (Oil and Gas Regulatory Authority) will review the complete fortnight’s import and exchange rate data before finalizing the prices.
The official announcement is scheduled for the evening of October 31, with new rates coming into effect at midnight on November 1.
🚗 Impact on Consumers and Economy
While the increase may seem modest, it will likely affect transportation costs, commodity prices, and overall inflation, particularly as winter approaches and fuel demand rises.
Economic experts warn that if global oil prices continue their upward trend, Pakistan may face further hikes in the coming months unless the local currency stabilizes.
🧾 Key Takeaway
With petrol prices expected to touch Rs. 264.50 per litre, consumers are urged to plan fuel purchases accordingly before the new rates take effect.
All eyes are now on October 31’s final review, which will confirm whether the predicted increase materializes or the government opts to provide relief amid inflationary pressures.
