Relief for consumers as government slashes petrol by Rs5.66 per litre

Price of high-speed diesel reduced by Rs1.39 per litre

The federal government has announced a reduction in prices of petroleum products by up to Rs5.66 per litre for the next 15 days, with the new rates taking effect from October 16.

According to a notification issued by the Ministry of Finance on Wednesday, the price of petrol has been cut by Rs5.66 per litre, bringing it down from Rs268.68 to Rs263.02 per litre. The price of high-speed diesel (HSD) has been reduced by Rs1.39 per litre, from Rs276.81 to Rs275.41 per litre.

The Government has adjusted the prices of petroleum products for the fortnight starting tomorrow (October 16, 2025), based on the recommendations of the Oil and Gas Regulatory Authority (OGRA) and the relevant Ministries.

The new prices (in Rs. per litre) are as shared below pic.twitter.com/PPiSGjiJ3m

— Ministry of Finance, Government of Pakistan (@Financegovpk) October 15, 2025

The price of kerosene oil has also been lowered by Rs3.26 per litre, from Rs184.97 to Rs181.71, while light diesel oil (LDO) has been reduced by Rs2.74 per litre, from Rs165.50 to Rs162.76 per litre.

The new prices will come into effect immediately until October 31, after which the next review of petroleum prices will be announced on November 1, the notification stated.

Officials said the reduction follows recent downward trends in international oil prices and is aimed at providing relief to consumers facing inflationary pressures.

This marks one of the largest price cuts in recent months as Pakistan continues its fortnightly fuel price review under the government’s revised mechanism.