The government has announced that the price of diesel will rise by Rs9.60 per liter from November 16, 2025, following changes in global oil prices. Petrol, however, is expected to become cheaper.
Other petroleum products, including kerosene oil and light diesel oil (LDO), are also likely to see price increases along with diesel.
According to industry projections, the ex-depot price of petrol may fall by Rs1.96 per litre to Rs263.49, a 0.7% decrease. The price of high-speed diesel (HSD) is expected to go up by Rs9.60 per litre to Rs288.04, a 3.4% increase.
Similarly, kerosene oil may rise by Rs8.82 to Rs193.87 per litre, while LDO could increase by Rs7.15 to Rs171.13 per litre.
These prices include import premiums, with petrol carrying $5.10 per barrel and HSD $3.20 per barrel. The exchange rate has stayed stable, and the government will finalize prices after considering Platts market data for the remaining two days.
Higher taxes are also included in the revised rates, with consumers paying Rs80.52 per litre in petroleum levy and carbon tax on petrol, and Rs79.51 on HSD.
HSD is widely used in agriculture and transport, so the price rise will affect many consumers. Petrol powers motorbikes and cars and serves as an alternative to CNG, especially in Punjab where local gas is unavailable. Kerosene oil is mainly used in remote areas, particularly in the north, where LPG is not available for cooking.
