Govt Announces Major Reduction in Petrol Prices
Key Takeaways
- Pakistan's government announced a Rs. 5.66 per litre reduction in petrol price.
- New prices for petrol and other petroleum products (HSD, SKO, LDO) are effective from October 16, 2025.
- The price cuts are intended to provide relief to consumers and support economic activity.
- The decision followed recommendations from the Oil and Gas Regulatory Authority (OGRA).
- The government aims to pass on the benefits of changing international oil prices to the public.
The Government of Pakistan has delivered significant relief to consumers by announcing a major price reduction for petrol, cutting the cost by Rs. 5.66 per litre for the upcoming fortnight, bringing the new price to Rs. 263.02. This reduction extends to other petroleum products, with High Speed Diesel (HSD) decreasing by Rs. 1.39, SKO by Rs. 3.26, and LDO by Rs. 2.74. The Finance Division confirmed that these adjustments are designed to ease the burden on the public and stimulate economic activity by lowering input costs. The decision, effective from October 16, 2025, was made after consulting with relevant ministries and receiving recommendations from the Oil and Gas Regulatory Authority (OGRA). This regular review process aims to ensure that fluctuations in international oil prices translate into benefits for the Pakistani public.
