The federal government has raised petrol and diesel prices once again. Petrol now costs Rs 258.43 per litre after a hike of Rs 4.80. Diesel became more expensive by Rs 7.95, reaching Rs 262.59 per litre. The new prices took effect immediately and will last for the next 15 days.
The finance ministry said, “The changes will come into effect immediately and will remain in force until the next review.” This increase follows the regular two-week fuel price adjustment. Although the notice didn’t explain the reason, the trend of rising prices continues.
On June 1, 2025, the government had already raised the petrol rate by Rs 1, bringing the new price to Rs 253.63 per litre. Diesel prices remained unchanged at Rs 254.64 per litre. That price adjustment also came into effect right after the official notice.
Earlier on May 16, 2025, the petrol price had stayed the same at Rs 252.63 per litre. Diesel, however, saw a drop of Rs 2 and settled at Rs 254.64. But this short relief ended quickly as prices began rising again in the following weeks.
On April 30, the government cut both petrol and diesel prices by Rs 2. This reduction set petrol at Rs 252.63 and diesel at Rs 256.64 per litre. Just a few days earlier, on April 15, Prime Minister Shehbaz Sharif said there would be no further reductions.
He said, “The benefits of declining global oil prices to consumers would be passed through uplift projects.” He also mentioned that the government would use falling global rates for development instead of cutting prices. This policy marked a shift from giving direct relief to funding infrastructure.
Fuel prices now show a clear upward pattern again. These constant changes are hitting people’s daily expenses hard. The newest hike is expected to raise transport and goods costs even more.
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