Business Desk 
Apr 14, 2025
Given the frenzy sparked by the tariffs introduced by US President Donald Trump, prices of petrol and other petroleum product in Pakistan are on the verge of dropping from April 16 for the next fortnight.
The US president's tariff drama reportedly led international petroleum prices to dip 7%, due to which petrol price in Pakistan is likely to plunge by Rs8.27 per litre, whereas high-speed diesel (HSD) is expected to decrease Rs6.96 per litre, according to The News.
After registering the supposed drop, the price of petrol would settle at Rs246.36 per litre from the current rate of Rs254.63, with the price of HSD expected to decline to Rs251.68 per litre, down from Rs258.64.
It was also reported that the rate of kerosene oil may also see a cut of Rs7.47, settling at Rs161.91 from the current rate of Rs169.38 per litre.
Light Diesel Oil (LDO) is also projected to be reduced by Rs7.21 per litre, setting the new price at Rs145.83 compared to the existing Rs153.04.
The revised prices have been estimated on the basis of government tax rates and the petroleum development levy.
The petrol prices in Pakistan undergo changes mainly owing to global market shifts.
If they come to fruition, the expected price cuts will serve as a relief to inflation-ridden consumers. The government is set to finalise and announce the new prices ahead of the implementation date.
