Petrol prices in Pakistan are set to decline from September 1, with reductions reaching up to Rs3.13 per litre. Sources report that petrol could decrease by 61 paise per litre, while high-speed diesel may drop by as much as Rs3.13 per litre.
Kerosene oil prices are likely to fall by Rs1.57 per litre, and light diesel prices may decrease by Rs2.61 per litre. The Oil and Gas Regulatory Authority (OGRA) has completed initial calculations on petroleum price adjustments and will submit its recommendations to the Petroleum Division by August 31. The Prime Minister will provide the final approval. If the government approves, the price cuts for petrol, diesel, and other fuels will take effect starting September 1.
Earlier, on August 16, 2025, the federal government announced petrol and diesel prices for the next fortnight. The Ministry of Finance confirmed that petrol prices would remain steady at Rs 264.61 per litre, while high-speed diesel prices dropped by Rs 12.84 to Rs 272.99 per litre.
Read: Pakistan Slashes Petrol Price by Rs7.54, Raises Diesel by Rs1.48 from August 1
The government also reduced kerosene oil and light diesel prices by Rs 7.19 and Rs 8.20 per litre, setting them at Rs 178.27 and Rs 162.37 per litre, respectively.
However, the government increased petroleum levies, which limited the relief available to consumers. It raised the levy on petrol and diesel by Rs2.50 per litre. Diesel levies rose from Rs74.51 to Rs77.01 per litre, and petrol levies increased from Rs75.52 to Rs78.02 per litre.
Additionally, the freight margin on diesel rose by Rs 0.20 per litre, reaching Rs 6.24 per litre. Authorities also imposed a climate support levy of Rs2.50 per litre on both petrol and diesel. The government fixed the dealers’ margin at Rs 8.64 per litre and the distributors’ margin at Rs 7.87 per litre for both fuels. The sales tax rate on petrol and diesel remains at z