In a welcome development for the public, petrol and diesel prices across Pakistan are likely to drop starting October 16, 2025. Reports from a private TV channel suggest that the government will soon announce this change after reviewing the Oil and Gas Regulatory Authority’s (OGRA) recommendations. This news brings a sense of relief to citizens already burdened by inflation and rising living costs.
OGRA’s Recommendations Under Review
The expected price cut follows fluctuations in global oil prices and the stability of the Pakistani rupee in recent weeks. The petroleum industry has completed its internal assessments and sent the final figures to OGRA. Once reviewed, OGRA will forward its detailed summary to the Ministry of Finance later today for consideration and approval, marking the final step before implementation.
Expected Reduction in Fuel Rates
According to early estimates, petrol prices may decrease by Rs 5.66 per liter, offering considerable savings for consumers. Meanwhile, high-speed diesel (HSD) could see a smaller reduction of Rs 1.39 per liter. Kerosene and light diesel oil (LDO) prices are also projected to fall slightly, benefiting households and small businesses that rely heavily on these fuels for daily use.
Also Read: Gold and Silver Prices in Pakistan Keep Rising Steadily
Final Approval Awaits Prime Minister’s Decision
Officials have confirmed that the petroleum division has already sent its recommendation to OGRA for processing. The final decision now rests with the Ministry of Finance and the Prime Minister. Once approved, the new prices will officially come into effect from October 16. The announcement is expected to bring short-term relief amid ongoing inflationary challenges nationwide.
Positive Impact on Transport and Economy
The possible reduction in fuel prices is expected to ease pressure on transporters, traders, and ordinary citizens. Lower fuel costs often lead to a decrease in transportation and goods prices, indirectly benefiting consumers. The government aims to maintain a balance between global oil price trends and local affordability, hoping this decision will help stabilize markets and reduce public financial strain.
