Pakistan lowers diesel prices by Rs 5.31 per litre to Rs 258.64, effective March 2, 2025. Learn about the latest fuel rates, impacts, and market trends.
The price of diesel in Pakistan was last formally announced between February 28, 2025, and April 2, 2025. The government lowered the cost of this high-speed diesel (HSD) by Rs 5.31 per litre starting on March 1, 2025, making it now at Rs 258.64 per litre.
As of March 1, 2025, a litre of diesel costs Rs 258.64 in Pakistan.
Price reduction: The price of diesel has reduced by Rs 5.31 per litre.
Date of effect: March 1, 2025.
- As of right now, petrol prices have dropped by Rs 0.50 per litre to Rs 255.63 per litre.
- Kerosene oil is now priced at Rs 168.12 per litre, down Rs 3.53.
- The price of light diesel oil (LDO) fell from 2 to 34 Rs per litre to 47 Rs per litre.
Variables that Impact Diesel Prices.
- Global oil prices: Pakistan’s gasoline costs are impacted by fluctuations in the price of crude oil on a global scale.
- Exchange rate: How much it costs to import oil is determined by how much the Pakistani rupee is worth in relation to the US dollar.
- State taxes: We shall be grateful for the internal margin of compensation (IFEM), taxes, and oil fees.
- Local supply and demand: Seasonal demand, particularly in the transportation and agriculture sectors, has an impact on prices.
- Global market trends: The price is impacted by the current geopolitical unrest and OPEC’s oil production.
Effects of declining diesel prices.
Transportation Costs: Shipping expenses are decreased as diesel prices decline.
Controlling Inflation: Controlling inflation and lowering the cost of goods and services are two benefits.
Agriculture: irrigation pumps and diesel equipment are now affordable for farmers.
Industry Sector: Lower diesel prices support industrial production and employment.
Public Transport: Lower shipping and bus stop fees. Government pricing regulations.
Biweekly Price Reviews: Fuel prices are adjusted every 15 days to reflect changes in the world’s oil markets and exchange rates.
Subsidies and Taxes: Government expenditures significantly affect their ultimate fuel expenses.
The proposal from the Oil and Gas Regulator (OGRA) is the supervisory authority. Since March 1, 2025, no formal announcement has been made.
