Petrol prices in Pakistan are expected to decrease significantly from 16th March 2025, bringing much-needed relief to consumers. This reduction follows a decline in global crude oil prices, leading to lower fuel costs for the next 15 days.
Petrol Prices Expected to Drop by Rs 14 Per Litre
The ex-depot petrol price in Pakistan is currently set at Rs255.63 per litre. However, starting from March 16, 2025, it is expected to decrease by Rs14.16, bringing the new petrol price down to Rs241.47 per litre. This reduction will benefit motorists and daily commuters by lowering their fuel expenses.
Diesel Prices May Reduce by Rs 8.70 Per Litre
Alongside petrol, high-speed diesel (HSD) prices are also expected to decline. Currently priced at Rs258.64 per litre, diesel rates are likely to drop by Rs8.70, setting the new price at Rs249.94 per litre. Since diesel is widely used for transporting essential goods and public transportation, this reduction could help stabilize commodity prices and reduce overall inflation.
Kerosene Oil Price to See a Cut of Rs 10.33
Kerosene oil, a fuel used in households for cooking and heating, will also become more affordable. The price of kerosene oil is expected to fall from Rs168.12 per litre to Rs157.79 per litre, marking a Rs10.33 decrease. This will provide relief to lower-income households relying on kerosene for domestic use.
Light Diesel Oil to Become Cheaper by Rs 7.12
Industries that rely on light diesel oil (LDO) will also benefit from the expected price reduction. The current price of Rs153.34 per litre may drop by Rs7.12, bringing it down to Rs146.22 per litre. This reduction could positively impact industrial production costs.
The reduction in petrol prices from March 16, 2025, is a positive development for Pakistan’s economy. Lower fuel costs will ease financial pressure on consumers, transportation services, and industries, ultimately leading to more stable commodity prices.
