Latest News

Petrol and Diesel Prices Hiked as Global Rates Surge: Effective February 1, 2025

The new petrol price is Rs257.13 and that of HSD is Rs267.95.

Petrol and diesel prices in Pakistan have increased by the federal government effective February 1, 2025, following a rise in global oil prices.

Petrol has seen a hike of Re1, bringing the price to Rs257.13 per litre, while high-speed diesel (HSD) has increased by Rs7, settling at Rs267.95 per litre,

“The Oil & Gas Regulatory Authority (OGRA) has reviewed and adjusted consumer prices for petroleum products in view of recent fluctuations in the international oil market,” read the notification issued late Friday night.

Meanwhile, no changes in the prices of light diesel oil and kerosene oil were mentioned.

Products Existing Prices New Prices Increase/Decrease
High-Speed Diesel (HSD) 260.95 267.95 +7.00
MS (Petrol) 256.13 257.13 +1.00

 

The current price changes follow previous increments earlier in January 2025, where petrol and diesel prices were raised by Rs3.47 and Rs2.61 respectively on January 15.

The latest adjustments are expected to impact transportation costs and overall inflation, as both petrol and diesel are crucial for various sectors including transportation and agriculture.

 

Saman Siddiqui

I am a freelance journalist with a Master’s Degree in Mass Communication and an MS in Peace and Conflict Studies. Since 2006, I have been involved in various capacities within the electronic media industry. At OyeYeah, I cover diverse genres ranging from journalism and fiction to fashion, including reviews and fact-finding reports.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button