Petrol prices in Pakistan are expected to rise in the upcoming fortnightly review for November 2025, reflecting ongoing uncertainty in the global oil market. The Oil and Gas Regulatory Authority (OGRA) has reportedly finalized a summary for revising fuel prices, which will soon be submitted to the Finance Minister on October 31. Following approval from Prime Minister Shehbaz Sharif, the new prices will be announced for the period from November 1-15.
Current Petrol Prices in Pakistan
As of now, the price of petrol in Pakistan is Rs263.02 per litre, while high-speed diesel is priced at Rs275.42 per litre. Light-speed diesel stands at Rs159.76 per litre, and kerosene oil is available for Rs176.81 per litre.
Expected Price Adjustments
According to sources, petrol prices are likely to see an increase of Rs2.35 per litre, pushing the price to Rs265.37 per litre if approved. High-speed diesel may also see a hike of Rs2.50, bringing its price to Rs277.92 per litre from November 1.
Global Oil Market Trends
Despite this expected price adjustment in Pakistan, international oil markets are experiencing a downward trend. Oil prices have fallen for three consecutive days, driven by concerns over the impact of sanctions on Russia and the potential for increased production by OPEC+. As of Wednesday, Brent crude futures dropped by 7 cents to $64.33 per barrel, while U.S. West Texas Intermediate (WTI) crude futures also decreased by 7 cents to $60.08 per barrel.
This combination of global oil price fluctuations and domestic adjustments is likely to impact fuel prices in Pakistan, adding to the ongoing economic challenges faced by consumers.