ISLAMABAD (October 14, 2025) — After weeks of rising fuel costs, Pakistanis may finally get a small but welcome respite at the pumps, as petrol and diesel prices are expected to come down from October 16.
According to officials familiar with the matter, the potential price cut follows a decline in global oil prices and adjustments in international market trends. Preliminary estimates suggest that petrol prices could fall by around Rs. 6.10 per litre, while high-speed diesel (HSD) might see a relatively smaller reduction of Rs. 0.97 per litre.
The prices of kerosene oil and light diesel oil (LDO) are also likely to decrease, with expected cuts of approximately Rs. 2.75 and Rs. 1.64 per litre, respectively.
Sources said that the Oil and Gas Regulatory Authority (OGRA) has already completed its initial calculations and will soon send a detailed summary to the Petroleum Division. Once reviewed, the summary will be forwarded to the Ministry of Finance and then to the Prime Minister’s Office for final approval. The revised prices are set to take effect from midnight on October 16.
This possible reduction comes just weeks after the government increased petrol prices by Rs. 4.07 per litre and high-speed diesel by Rs. 4.04 per litre, a move that drew public criticism amid already high inflation and growing transportation costs.
Meanwhile, consumers have recently seen some relief on another front the price of liquefied petroleum gas (LPG) was reduced for October by Rs. 79.14 per domestic cylinder, bringing the new price down to Rs. 2,448 from Rs. 2,527.
If approved, the upcoming fuel price cut could offer short-term relief for both households and businesses, especially those heavily dependent on transport and logistics. However, officials caution that future price movements will continue to depend on global oil trends and exchange rate fluctuations, leaving the outlook uncertain in the weeks ahead.