NewsHub
Back to News

Pump pressure eases as govt slashes POL prices | The Express Tribune

Our Correspondent, Our Correspondent
October 15, 2025 at 06:31 PM
Joy (60%)
positive
Pump pressure eases as govt slashes POL prices | The Express Tribune

Key Takeaways

  • The Pakistani government slashed prices of petroleum products by up to Rs5.66 per litre starting October 16.
  • Petrol price decreased by Rs5.66/litre, and High-Speed Diesel (HSD) decreased by Rs1.39/litre.
  • The price adjustments were made in line with fluctuations in the global oil market and based on OGRA recommendations.
  • The reduction in HSD price is expected to positively impact consumers, especially in the transport and agriculture sectors.
  • Prices for kerosene oil and light diesel oil were also reduced by Rs3.26 and Rs2.74 per litre, respectively.

The government of Pakistan implemented a reduction in the prices of petroleum products across the board, effective from Wednesday, October 16th, citing fluctuations in the global market. Petrol saw the steepest cut of Rs5.66 per litre, bringing the new price to Rs263.02, while high-speed diesel (HSD) was reduced by Rs1.39 to Rs275.41 per litre. Reductions were also applied to kerosene oil (Rs3.26) and light diesel oil (Rs2.74), with prices adjusted for the fortnight based on OGRA's recommendations. The decrease in HSD price is anticipated to positively affect consumers due to its heavy use in agriculture and transport sectors. The article also details the uses of various fuels, noting petrol's importance due to high CNG demand in Punjab and kerosene's role in remote cooking, even mentioning the Pakistan Army as a key user of kerosene.

Related Articles

ECC rejects Roosevelt's $17.6m bailout | The Express Tribune
mixed

ECC rejects Roosevelt's $17.6m bailout | The Express Tribune

The Pakistani government's Economic Coordination Committee (ECC) deferred a decision on a $17.6 million bailout request for the Roosevelt Hotel in New York, citing the need to reconfirm financial estimates.

Shahbaz Rana, Shahbaz Rana
Government Finance, Corporate Bailouts, Aviation and State Assets +2
Tribune
60%Oct 2
SBP's reserves rise by $21m | The Express Tribune
neutral

SBP's reserves rise by $21m | The Express Tribune

Pakistan's foreign exchange reserves slightly increased in the week ending September 26, 2025, while the rupee appreciated marginally against the US dollar.

Our Correspondent, Our Correspondent
Foreign Exchange Reserves, Currency Markets, Precious Metals Trading +2
Tribune
30%Oct 2
Auto parts makers oppose IMF push for liberalisation | The Express Tribune
negative

Auto parts makers oppose IMF push for liberalisation | The Express Tribune

Paapam strongly opposes the IMF's push for trade liberalization, warning that reduced tariffs and increased used vehicle imports threaten Pakistan's domestic auto industry and jobs.

Our Correspondent, Our Correspondent
Automotive Industry Policy, International Trade Negotiations, Economic Reform and IMF Programs +2
Tribune
60%Oct 2
Trade deficit surges 33% to $9.4b in Q1 | The Express Tribune
negative

Trade deficit surges 33% to $9.4b in Q1 | The Express Tribune

Pakistan's trade deficit ballooned by one-third to $9.4 billion in the first quarter of the fiscal year due to sinking exports and double-digit growth in imports.

Shahbaz Rana, Shahbaz Rana
International Trade, Macroeconomics, Fiscal Policy +2
Tribune
75%Oct 2
P&G exits Pakistan | The Express Tribune
neutral

P&G exits Pakistan | The Express Tribune

Procter & Gamble (P&G) is exiting its direct manufacturing and commercial operations in Pakistan, including Gillette Pakistan Ltd, by transitioning to a third-party distribution model.

Our Correspondent, Our Correspondent
Corporate Restructuring, International Business Strategy, Consumer Goods Industry +2
Tribune
50%Oct 2