Pakistan Cuts Petrol Price by Rs5.66 per Litre

In a major relief for consumers hit by rising living costs, the government on Wednesday slashed petrol prices by Rs5.66 per litre for the next fortnight, bringing the new rate down to Rs263.02 per litre from Rs268.68.

The Finance Division said the cut, effective from October 16, follows recommendations from the Oil and Gas Regulatory Authority (OGRA) and aims to ease inflationary pressure and lower transport and production costs across the economy.

High Speed Diesel (HSD) has also been reduced by Rs1.39 to Rs275.41 per litre, Superior Kerosene Oil (SKO) by Rs3.26 to Rs181.71, and Light Diesel Oil (LDO) by Rs2.74 to Rs162.76 per litre.

Officials said the price revisions reflect changes in global oil markets and are part of the government’s regular review to pass on international benefits to domestic consumers.

The new prices will remain in effect from October 16, 2025.