TRADE & ECONOMY

Petrol and diesel prices in Pakistan are expected to rise sharply starting July 1, 2025, alongside a significant increase in domestic gas tariffs.
According to the Petroleum Division, petrol prices may go up by Rs11 per litre, while diesel prices could rise by Rs15 per litre. These increases come amid a global spike in crude oil prices and continued depreciation of the Pakistani rupee, putting pressure on import costs.
The Oil and Gas Regulatory Authority (OGRA) is set to send the pricing summary to the Ministry of Petroleum today. A final decision will be made by the Finance Minister in consultation with Prime Minister Shehbaz Sharif, with an official announcement expected by Monday evening.
Recent Fuel Price Trends
This expected hike follows a recent price revision on June 16, when:
- Petrol was raised by Rs4.80/litre
- High-speed diesel (HSD) was increased by Rs7.95/litre
🔥 Domestic Gas Prices Also Hiked
In a separate move, OGRA has officially notified a major increase in gas tariffs, effective July 1, 2025, across all consumer categories.
For domestic users, the price per MMBTU (Million British Thermal Units) will now range between Rs200 and Rs4,200, depending on consumption slabs — a jump of up to 50% in some tiers.
In addition to unit-based charges, fixed monthly charges have also been introduced for household users, further squeezing household budgets.
đź’¬ Public Reaction
The dual increase in fuel and gas prices is expected to add pressure on inflation, further increasing costs of transport, electricity, and essential goods. Economists warn that such hikes may erode purchasing power and increase the cost of living in the short term.
The government says the hikes are necessary to meet international commitments and address fiscal challenges, but the public is bracing for another wave of economic strain.