ISLAMABAD: Petrol prices in Pakistan are expected to rise in the upcoming fortnightly review for November 2025 amid ongoing volatility in global oil markets.
According to reports, the Oil and Gas Regulatory Authority (OGRA) has prepared a summary proposing revised fuel prices, which will be sent to the Ministry of Finance on October 31.
After receiving approval from Prime Minister Shehbaz Sharif, the finance minister will announce the new rates for the period of November 1 to 15.
Current Petrol Prices in Pakistan
At present, petrol is priced at Rs263.02 per litre, while high-speed diesel costs Rs275.42 per litre. Light diesel is being sold for Rs159.76 per litre, and kerosene oil stands at Rs176.81 per litre.
Expected Petrol Prices from November 1
Reports indicate that petrol prices may rise by Rs2.35 per litre, taking the new rate to Rs265.37 per litre if approved. High-speed diesel could also see an increase of Rs2.50 per litre, pushing its price to Rs277.92.
On the international front, oil prices continued their downward trend for the third consecutive day on Wednesday due to uncertainty over sanctions on Russia and the possibility of an OPEC+ production hike.
Brent crude futures slipped by 7 cents, or 0.11%, to $64.33 per barrel, while U.S. West Texas Intermediate (WTI) crude also dropped by 7 cents, or 0.12%, to $60.08 per barrel.