Petrol prices in Pakistan are expected to increase by Rs. 4 to Rs. 4.50 per liter starting March 1, 2025, while diesel rates may see a slight reduction due to fluctuations in international oil prices and exchange rates.
According to sources, the ex-depot price of petrol is likely to rise following final calculations on February 28. Meanwhile, high-speed diesel (HSD) and kerosene prices are expected to decrease by less than Rs. 1 per liter.
The anticipated increase in petrol prices is attributed to a slight rise in global oil prices and exchange rate losses against the dollar. However, Brent crude oil prices have remained relatively stable over the past ten days.
Currently, the ex-depot price of petrol is Rs. 256.13 per liter, while HSD is priced at Rs. 263.95 per liter. Kerosene, officially priced at Rs. 171.65 per liter, continues to be sold in the market at significantly higher rates of Rs. 300 to Rs. 350 per liter.
The final price adjustments will be announced after the government reviews the calculations, with the new rates taking effect on March 1.