Govt Likely to Increase Petrol, Diesel Prices Again
Government expected to raise petrol by ~Rs6.60 and diesel by ~Rs5.27 per litre from July 16 amid global oil and rupee pressures.
The federal government is likely to announce another increase in the prices of petroleum products on July 15, 2025, as part of its regular fortnightly fuel price review.
According to estimates by Arif Habib Limited (AHL), the price of Motor Spirit (MS) is expected to rise by Rs. 3 per liter, while High-Speed Diesel (HSD) may see a smaller increase of Rs. 0.78 per liter, effective July 16.
If approved, the revised prices will bring MS (petrol) to Rs. 269.80 per liter, and HSD (diesel) to approximately Rs. 273.80 per liter, continuing the upward trend seen in recent months.
The projected increase in MS prices is primarily attributed to a surge in the international premium on petrol imports, AHL noted in its latest update. Rising global oil prices, along with exchange rate volatility, have also added pressure on domestic fuel adjustments.
In the previous fortnightly price revision, the government had raised the price of petrol by Rs. 4.80 per liter and diesel by Rs. 7.95 per liter, pushing both commodities to multi-month highs. The new prices, if implemented, would further impact transportation costs, goods delivery, and overall inflation in the country.
The final decision will be made after a pricing summary is reviewed by the Ministry of Finance and approved by the Prime Minister’s Office, ahead of the scheduled implementation date.
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