Thursday, April 2, 2026

Petrol prices expected to rise in Pakistan from Dec 15

ISLAMABAD: Petrol prices in Pakistan are likely to increase by Rs2.40 per litre from December 15, 2025, for the next fortnight.

The government will announce the updated fuel rates on December 15, taking into account trends in international oil markets and preliminary estimates for various petroleum products.

Official sources said authorities are considering raising the profit margins of oil marketing companies (OMCs) and petroleum dealers to align with inflation, which would result in higher petrol and diesel prices.

The Petroleum Division has prepared a summary recommending increased margins, which will be reviewed by the Economic Coordination Committee (ECC) in its meeting today.

Negotiations were held on December 3 between Federal Minister for Petroleum Ali Pervaiz Malik, OMC owners, and the dealers’ association. During these talks, the Petroleum Division assured stakeholders of revisions to margins and profit rates.

The summary suggests increasing the profit margin from Rs1.10 to Rs1.28 per litre. Currently, OMCs earn Rs7.87 per litre on petrol and diesel, while dealers earn Rs8.64 per litre, resulting in a combined margin of Rs16.51 per litre. Any further increase will require ECC approval and federal cabinet ratification.

Earlier, on December 1, 2025, the government had reduced petroleum prices to provide relief to consumers amid rising fuel costs. Petrol was lowered by Rs2 per litre to Rs263.45 per litre, while high-speed diesel was cut by Rs4.79 per litre, bringing its price to Rs279.65 per litre.