Petrol Prices Down Slightly in Pakistan; Diesel Unchanged

Islamabad-(Mudassar Iqbal)-Effective March 29, 2025, the federal government has lowered petrol prices by Re1 per litre, bringing the new rate to Rs254.63. This minor reduction, announced by the Finance Division, aims to provide slight relief to consumers amidst ongoing global oil price volatility.

However, the government kept the price of high-speed diesel (HSD) unchanged at Rs258.64 per litre.

“The Oil & Gas Regulatory Authority (Ogra) has worked out the consumer prices of petroleum products, based on the price variations in the international market,” the notification stated.

The federal government had previously maintained petroleum prices on March 15 for the fortnight.

Petrol is mainly used in private transportation, small vehicles, rickshaws, and two-wheelers. Higher fuel prices significantly impact the budgets of the members of the middle and lower-middle classes, who primarily consume petrol for commuting.

On the other hand, a significant portion of the transport sector relies on high-speed diesel.

Its price is considered inflationary since it is predominantly used in heavy goods transport vehicles, trucks, buses, trains, and agricultural machinery such as tractors, tube wells, and threshers. The consumption of high-speed diesel particularly contributes to the increased prices of vegetables and other food items.