ISLAMABAD: The federal government has reduced the prices of petroleum products across the country for the next fortnight after approval from Prime Minister Shehbaz Sharif.
According to a notification issued by the Finance Division, the price of petrol has been cut by Rs5.66 per litre, bringing the new rate to Rs263.02 per litre.
The price of high-speed diesel has been reduced by Rs1.39 per litre, setting the new price at Rs275.42 per litre.
Similarly, the price of kerosene oil has been decreased by Rs3.26 per litre, and it will now be available at Rs181.71 per litre.
The new price of light diesel oil has been fixed at Rs162.76 per litre. Officials said the revised prices have been implemented after reviewing the latest trends in global oil markets.
“According to the notification, the government has revised petroleum product prices for the fortnight beginning (October 16, 2025), following recommendations from the Oil and Gas Regulatory Authority (OGRA) and the concerned ministries.”
Latest Petrol Prices in Pakistan from October 16, 2025:
The federal government has reduced petroleum product prices across Pakistan for the next fortnight after approval from Prime Minister Shehbaz Sharif.
Petrol price has been cut by Rs5.66 per litre to Rs263.02, while high-speed diesel now costs Rs275.42 per litre after a Rs1.39 reduction. Kerosene oil and light diesel oil are now priced at Rs181.71 and Rs162.76 per litre, respectively.
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| Product | Existing Price (Rs/Litre) w.e.f. 01.10.2025 | New Price (Rs/Litre) w.e.f. 16.10.2025 | Increase/Decrease (Rs/Litre) |
|---|---|---|---|
| High-Speed Diesel (HSD) | 276.81 | 275.41 | -1.39 |
| MS (Petrol) | 268.68 | 263.02 | -5.66 |
| Superior Kerosene Oil (SKO) | 184.97 | 181.71 | -3.26 |
| Light Diesel Oil (LDO) | 165.50 | 162.76 | -2.74 |
Earlier, on October 1, 2025, the federal government had announced an increase of Rs4.07 per litre in petrol and Rs4.04 per litre in high-speed diesel.
According to a statement issued by the Ministry of Finance, the revised prices came into effect from October 1 and remained valid for 15 days.
The statement said that the petrol price was raised from Rs264.61 to Rs268.68 per litre, while the diesel price was increased from Rs272.77 to Rs276.81 per litre.
The Finance Ministry added that the earlier price hike was made on the recommendations of the Oil and Gas Regulatory Authority (OGRA) and other relevant departments.
