Petrol users can breathe a sigh of relief as the price per liter drops by Rs. 7.54, bringing it to Rs. 264.61. On July 31, 2025, Pakistan’s federal government rolled out the new revision in petroleum product prices, effective from August 1, 2025, to August 15, 2025.

On the other hand, high-speed diesel (HSD) sees an increase of Rs. 1.48 per litre, now priced at Rs. 285.83.

The Oil and Gas Regulatory Authority (OGRA) finalized these adjustments after reviewing global oil market trends, and Prime Minister Shehbaz Sharif gave the green light for implementation.

Just a month ago, on July 1, 2025, petrol prices surged by Rs. 8.36 per litre, and diesel jumped by Rs. 10.39, driven by global oil market volatility linked to Middle East tensions.

The recent petrol price cut offers welcome relief for commuters, motorbike owners, and small vehicle operators, especially amid Pakistan’s ongoing battle with inflation.

However, the diesel hike could raise transport costs, impacting agriculture and logistics sectors, as HSD powers heavy-duty vehicles like trucks and buses.