ISLAMABAD (Kashmir English): In welcome news for consumers, the petrol prices in Pakistan is expected to go down starting August 1, 2025, due to falling global oil prices and stable exchange rates. This development comes after back-to-back increases in July that had sparked public concern.
According to media reports, the petrol prices in Pakistan may decrease by Rs. 6.82 per liter, bringing the new rate to around Rs. 265.33 per liter. Meanwhile, high-speed diesel is expected to become cheaper by Rs. 1.68 per liter, settling at approximately Rs. 282.67 per liter.
These adjustments are based on declining ex-refinery prices and global oil benchmarks over the last two weeks of July. Brent crude averaged around $68.75 per barrel, while WTI crude remained close to $65.98 per barrel. The exchange rate also stayed stable at about Rs. 284.25 per U.S. dollar, giving the government room to lower prices.
Although the drop in petrol prices in Pakistan is seen as a relief for the public, the government is expected to reimpose a petroleum levy of Rs. 2.50 per liter on both petrol and diesel. This means the actual benefit to consumers may be slightly reduced, but overall prices are still heading downwards.
The expected reduction follows earlier hikes this month—petrol had gone up by Rs. 5.36 per liter and diesel by Rs. 11.37 per liter, increasing the cost of transportation and basic goods across the country.
With the new pricing set to take effect on August 1, many hope it will bring slight relief to households already struggling with inflation. However, analysts note that future fluctuations in global oil prices and exchange rates will continue to influence the petrol prices in Pakistan.
