Business Desk 
May 31, 2025
As global oil prices show mixed trends and Pakistan’s economy continues to face pressure, petroleum prices in the country may change slightly from June 1, according to official and industry sources.
The government is expected to adjust fuel prices based on international oil market movements and local tax decisions. According to early estimates, petrol price in Pakistan may decrease by Rs0.60 per litre, while high-speed diesel (HSD) could drop by Rs0.28 per litre.
However, there’s still a chance that the government might decide to keep petroleum prices unchanged, depending on input from the Finance Ministry.
Fuel prices are updated twice a month in Pakistan, largely based on changes in global oil markets and the exchange rate. These changes impact not only vehicle owners but also businesses and households, as fuel costs are closely linked with transport and inflation.
While petrol and diesel may see a small drop, the price of kerosene oil is likely to increase by Rs0.30 per litre, from Rs164.64 to Rs164.96. Light diesel oil (LDO) might rise more noticeably, with a Rs1.30 per litre jump.
The small price adjustments come as the global oil market sees ups and downs. Brent crude oil traded between $64.02 and $64.60 per barrel in the past week, showing uncertainty.
At the same time, West Texas Intermediate (WTI) crude dropped by over 1.5%, dipping below $61 per barrel. This followed news that OPEC+ may increase production and US economic data showed slowing demand.
