In a fresh blow to consumers, the government of Pakistan has increased the price of petrol by Rs. 1 per litre. The revised rates took effect from June 1, 2025, as per the latest notification issued by the Ministry of Finance. This slight but symbolic increase comes amid rising international oil prices and continued rupee volatility in the exchange market.
Pakistan’s Latest Fuel Price Snapshot (Effective June 1, 2025)
| Fuel Type | Previous Price (PKR/litre) | Revised Price (PKR/litre) | Change |
| Petrol | 273.10 | 274.10 | +1.00 |
| High-Speed Diesel | 274.08 | 274.08 | No Change |
| Light Diesel Oil | 166.86 | 166.86 | No Change |
| Kerosene Oil | 173.48 | 173.48 | No Change |
Government’s Statement
According to officials, the decision to raise the petrol price was taken in line with global market trends. Over the past few weeks, international crude oil prices have seen fluctuations due to geopolitical tensions and OPEC+ production adjustments. As Pakistan remains a net importer of petroleum products, any shift in the global market directly impacts domestic prices.
The Ministry of Finance stated that the pricing has been calculated based on OGRA’s (Oil and Gas Regulatory Authority) recommendations and takes into account freight charges, refining costs, and currency depreciation.
Public Reaction
Despite the minimal increase, many citizens have expressed frustration over the continued adjustment of petrol prices. “Even a single rupee increase affects daily commuting costs,” said a commuter in Karachi. With inflation already hitting household budgets hard, fuel price changes add further pressure.
Transporters and ride-hailing service providers have also raised concerns, indicating that sustained price hikes could force them to revise fares.
Economic Implications
While Rs. 1 might seem negligible, the broader economic impact can be significant. Petrol prices influence transportation, supply chains, agriculture, and consumer goods. An increase often results in a cascading effect on prices of everyday items, especially food and essentials, due to higher delivery and production costs.
The government, however, emphasized that they are trying to minimize the burden on the public and that only essential adjustments are being made in light of global economic conditions.
Conclusion
The Rs. 1 per litre hike in petrol prices may seem small, but it reflects the larger economic challenges Pakistan continues to face. As global markets remain unstable, further price changes cannot be ruled out in the upcoming fortnightly review. Citizens, businesses, and policymakers will need to stay vigilant and adaptive in these uncertain times. At Garibaaz, we’ll continue to monitor fuel trends and bring you the latest updates impacting both daily drivers and the auto industry at large.
