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The government reduces petroleum product prices for the next fortnight effective October 16, 2025.
Aftab Maken
ISLAMABAD: The federal government has announced a reduction in the prices of major petroleum products for the next fortnight, effective from October 16, 2025. The decision was made on the recommendation of the Oil and Gas Regulatory Authority (OGRA) and relevant ministries in light of global price trends and currency adjustments.
According to the Finance Division’s official press release issued on Wednesday, the price of petrol (MS) has been reduced by Rs5.66 per litre, bringing it down from Rs268.68 to Rs263.02. High-speed diesel (HSD) has also been lowered by Rs1.39 per litre, from Rs276.81 to Rs275.41.
Similarly, the price of superior kerosene oil (SKO) has been decreased by Rs3.26 per litre, now costing Rs181.71 instead of Rs184.97, while light diesel oil (LDO) has seen a reduction of Rs2.74 per litre, dropping from Rs165.50 to Rs162.76.
This marks the second consecutive fortnightly cut in petroleum prices, following a downward revision at the start of October. Officials attributed the adjustment to declining international oil prices over the past two weeks and a relatively stable exchange rate, which helped reduce import costs.
The Finance Division said the decision aimed to provide relief to consumers amid inflationary pressures and to stabilize domestic energy costs. “The revised prices have been notified in accordance with OGRA’s recommendations and in consultation with relevant ministries,” the statement added.
Energy analysts say the reduction will ease transportation and production costs, potentially impacting commodity prices positively. However, they cautioned that continued volatility in global oil markets could affect future pricing trends, particularly as winter demand rises in Europe and Asia.
Pakistan imports over 80 percent of its petroleum needs, making domestic prices sensitive to global market movements and the rupee’s performance against the US dollar. In recent months, the government has adopted a fortnightly price review mechanism to reflect global trends more accurately and ensure transparency in fuel pricing.
The latest price cut is expected to bring moderate relief to households and businesses facing high costs of living, though experts emphasize the need for structural reforms in the energy sector to reduce reliance on imported fuels.
With this adjustment coming into effect from October 16, petrol will now retail at Rs263.02 per litre, high-speed diesel at Rs275.41, superior kerosene at Rs181.71, and light diesel oil at Rs162.76.
The new prices will remain in effect until October 31, 2025, after which OGRA will once again review global trends and propose revisions for the following fortnight.
