The federal government has announced revised prices for petrol and diesel, effective from August 1, 2025 (Friday), for the upcoming fortnight.
According to an official notification issued by the Ministry of Finance on Thursday, the price of petrol has been decreased by Rs7.54 per litre, while the price of diesel has seen an increase of Rs1.48 per litre.
With this adjustment, the new petrol price has been set at Rs264.61 per litre, representing a significant reduction for consumers. Conversely, diesel will now be sold at Rs285.83 per litre, reflecting the slight increase. These revised prices will come into effect from midnight on August 1 and will remain valid for fifteen days, until the next scheduled review.
This revision follows earlier price changes implemented by the Prime Minister Shehbaz Sharif-led federal government in mid-July. On July 15, the government had raised the price of petrol by Rs5.36 per litre and the price of high-speed diesel (HSD) by Rs11.37 per litre. At that time, the prices for petrol and HSD were Rs272.15 and Rs284.35 per litre, respectively.
Additionally, the price of kerosene had been reduced by Rs3.10 per litre in the previous adjustment, providing some relief to consumers relying on this fuel.
The recent changes in petroleum prices come amid ongoing fluctuations in the international oil market, affecting domestic fuel costs. The government regularly reviews and adjusts fuel prices every fortnight based on global oil price movements and exchange rates to reflect market realities while aiming to balance consumer interests and fiscal concerns.
These periodic adjustments are closely monitored by businesses, transporters, and households alike, as changes in fuel prices impact transportation costs and overall inflation in the country.
The government has maintained that such revisions are necessary to keep the energy sector sustainable and to align domestic fuel prices with global trends while providing as much relief as possible to consumers during challenging economic times.
The Ministry of Finance urged the public and stakeholders to stay updated on these changes and assured that transparency and timely communication will continue in managing the nation’s petroleum pricing policy.
