ISLAMABAD – Another blow to inflation-hit masses as price of petrol is expected to climb higher from March 1, 2025.
Reports in local media hinted at the surge in domestic petrol prices despite a drop in global oil prices, ahead of Ramadan, when prices of other products also go up.
Petrol Price in Pakistan
| Products | Old Price | Expected Price |
|---|---|---|
| Petrol | 256.13 | 260-261 |
| High-Speed Diesel (HSD) | 263.95 | Rs262-263 |
| Kerosene | 171.65 | 170 |
As petrol price is set to rise, the prices of diesel and kerosene may see minor cut than Rs1 per liter. The proposed increase in petrol prices comes amid a slight uptick in international oil rates and a depreciation of the Pakistani rupee against the US dollar.
In global market, Brent crude oil remains stable in last fortnight. The price hikes come at a time when the government is preparing for the start of Ramadan. The surge in petrol prices is expected to add financial pressure to households already facing rising costs during the holy month.
Petroleum dealers call nationwide strikes
In a similar development, Petroleum Dealers Association called for nationwide strike in protest of the government’s proposed petroleum deregulation policy.
The proposed deregulation would allow oil marketing companies (OMCs) to set their own fuel prices, which concerns dealers about potential market disruptions.
