by As of July 15, 2025, the federal government is expected to approve another increase in petroleum prices. According to Arif Habib Limited, petrol (Motor Spirit) may rise by around Rs 3 per litre, reaching Rs 269.80, and high-speed diesel (HSD) by Rs 0.78, totaling around Rs 273.80 from July 16.
Other credible estimates from industry sources suggest a more significant hike:
- Petrol could surge by Rs 6.60 per litre (from Rs 266.79 to Rs 273.39), a 2.5% jump
- Diesel might increase by Rs 5.27 per litre (from Rs 272.98 to Rs 278.25), about 1.9% more
🔍 Why Is This Happening?
Several key factors are driving the revision:
- Global crude oil prices remain elevated due to geopolitical instability.
- Currency depreciation, with the Pakistani rupee weakening against the dollar, makes imports costlier.
- OGRA’s recommendations, based on recent international trends, submitted to the government.
- A fiscal decision: the Prime Minister and Finance Ministry weigh economic pressure vs. revenue generation .
- Govt Likely to Increase Petrol, Diesel Prices Once Again.
🏷️ What Will New Prices Look Like?
| Fuel Type | Current (Jul 1) | Projected Increase | New Price* |
|---|---|---|---|
| Petrol (MS) | Rs 266.79 | Rs 6.60 | Rs 273.39 |
| Diesel (HSD) | Rs 272.98 | Rs 5.27 | Rs 278.25 |
*Values may vary slightly depending on final OGRA notification and PM approval .
💸 How This Affects You
- Commuters: Expect Rs 300–500 monthly uptick in fuel spending for light vehicles and motorbikes.
- Transport & Consumers: Diesel hike will likely fuel increases in transportation, food logistics, and other essential goods—feeding into inflation.
- Household Budgets: This comes on top of already high electricity bills and inflation, squeezing disposable income further.
🛠️ What Can You Do?
- Boost fuel efficiency: Maintain tire pressure, service engines regularly, and drive sensibly.
- Rideshares & carpooling: Sharing fuel costs helps, especially for daily commutes.
- Alternate energy: Explore solar solutions or switch to electric vehicles if feasible in the medium term.
🗓️ What’s Next?
- July 15–16: OGRA submits final recommendations; government decision expected soon.
- July 16 onward: New prices are likely to be implemented for the next 15-day period.
- Future cycles: These adjustments are part of a routine fortnightly price review.
✅ Final Word
After recent hikes of Rs 8.36 (petrol) and Rs 10.39 (diesel) on July 1, this upcoming increase underscores persistent pressure from global oil costs and currency weakness . With inflation already straining household finances, the government faces a critical balancing act between economic relief and fiscal responsibility.
