Diesel Price to Drop by Rs. 11.50, Petrol Rates Likely to Increase from August 16
Consumers in Pakistan can expect mixed fuel price adjustments for the next fortnight, starting August 16, 2025. According to industry estimates, the price of high-speed diesel (HSD) is likely to fall by around Rs. 11.50 per litre, while petrol prices may see a modest increase of Rs. 1.40 per litre.
The expected revision comes as a result of global oil market fluctuations and recent changes in the Pakistani rupee’s exchange rate. Based on prevailing tax structures, the ex-depot rate of HSD is anticipated to drop by nearly 4%, though the final rates will depend on last-minute calculations. Petrol prices, however, are projected to edge up by approximately 0.5%.
Over the last two weeks, international petrol prices have risen by 15 cents per barrel, whereas diesel prices saw a significant decline of $4.5 per barrel. The slight appreciation of the rupee against the US dollar has further cushioned the drop in diesel rates.
Currently, petrol is being sold at Rs. 264.61 per litre, following a Rs. 7.54 per litre cut announced on August 1. This came after a cumulative Rs. 20 per litre hike over four consecutive fortnights since May 15. Petrol remains a key fuel for private vehicles, motorcycles, rickshaws, and small transport, directly affecting middle- and lower-income households.
HSD, now priced at Rs. 285.83 per litre, has faced a steep Rs. 27 per litre increase since mid-May, with only a minor Rs. 1.48 per litre reduction earlier this month.
Alongside diesel, kerosene oil and light diesel oil (LDO) prices are also expected to decline by Rs. 6 and Rs. 7 per litre, respectively, offering partial relief to consumers in rural and agricultural sectors.
If approved, these new prices will be applicable nationwide from August 16, 2025.
