Starting July 1, petrol and diesel prices in Pakistan are expected to rise sharply, adding pressure to inflation-hit citizens. A hike of up to Rs. 15 per litre is likely due to global oil prices and rupee depreciation.
Islamabad, June 30, 2025 — As inflation continues to grip Pakistan, the government is preparing to drop yet another financial burden on the public: a significant increase in petroleum prices starting July 1.
According to Express News, fuel prices are expected to rise by up to Rs. 15 per litre for the next fortnight. Sources in the Petroleum Division indicate that diesel prices may go up by Rs. 15 per litre, while petrol is likely to see an increase of Rs. 11 per litre.
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The Oil and Gas Regulatory Authority (OGRA) is expected to send its pricing summary to the Ministry of Petroleum today. The final prices will be announced late tonight, after consultations between the Finance Minister and the Prime Minister, as per official protocol.
Why the Hike?
The expected hike is being attributed to two major factors:
- A rise in global crude oil/petrol prices
- Continued devaluation of the Pakistani rupee
This latest blow comes at a time when millions of Pakistanis are already struggling with record food inflation, high utility costs, and stagnant wages.
If implemented, the new fuel prices will take effect from midnight, July 1, and will directly impact the cost of transport, goods, and daily essentials, further tightening the squeeze on low- and middle-income households.
Stay tuned for the official announcement tonight.
