How much will the prices of petroleum products decrease?, the industry reported expected prices

The prices of petroleum products in Pakistan are likely to fall significantly, the main reason for the fall in prices in the global market and X refinery prices are being stated. Prices of petroleum products are expected to fall significantly from 16 October 2025, with the benefit likely to reach the public directly. Also read: WillPetroleum Product Prices Fall or Rise? Details Revealed
According to industry sources, the price of petrol is expected to come down by 6 rupees 10 paise per liter while the price of high-speed diesel is expected to come down by 1 rupee. Kerosene is expected to be cheaper by Rs 2.75 paise and light diesel by Rs 1.64 paise per litre. Working send to Ogra, Summary ready
According to the media report, the working paper on the new prices of petroleum products has been sent by the industry to the Oil and Gas Regulatory Authority (Ogra). However, it has been developed without working exchange rate adjustment. Ogra will send the final summary to the Ministry of Finance on October 15, after which the Ministry of Finance will issue a price change notification. Subject to relief levy taxes
According to the media report, government sources say that if the government increases the petroleum levy or other taxes, the expected reduction in prices may be limited or even completely eliminated. Therefore, public relief will also depend on government tax policy. Significant reduction in X refinery prices
Since October 1, the ex-refinery price of petrol has seen a decline of 3.76%, after which the price has come down from Rs 162.96 to Rs 158.86 per litre. The ex-refinery price of High Speed Diesel has recorded a marginal decrease of 0.6%, and the new price has come down from Rs 174.28 to Rs 173.31 per litre. The price of kerosene has decreased by 1.8%, from Rs 156.61 to Rs 153.86. Read more: Important news regarding post-petroleum ghee and coking oil prices
Similarly, the price of Light Diesel has come down from Rs 143.70 to Rs 142.06 per litre, i.e., 1.1% decrease. Global market price declines
One of the main reasons for the fall in prices is the fall in oil prices in the global market. Globally, the price of petrol has fallen from $76.51 per barrel to $73.71 per barrel. A decrease of $2.80 per barrel was recorded on petrol. Premium on petrol decreased by 35 cents. The global price per litre decreased by 2 cents. The exchange adjustment decreased by 65 paise per litre, customs duty by 32 paise and sea duty by 51 paise per litre. The ex-refinery price of petrol has been recorded as a total decrease of 6 rupees 19 paise. On high-speed diesel, the price per barrel has decreased by 74 cents and the refinery price by 37 paise. Final announcement expected on October 15 or 16
The new prices will be applied from midnight of 16 October 2025 with the approval of the Ministry of Finance after the summary is sent by Ogra. If the government does not impose any new taxes, it could be a big relief for the public, especially in the context of the current inflation. ' Public Circle Expectations
Public circles have welcomed this possible reduction, but they say that according to past experiences, the full benefit of the price reduction often does not reach the public. It is therefore important that the government cuts prices in a transparent manner and that all relevant sectors ensure its implementation.