Breaking News: Govt to Increase Petrol Prices in Pakistan from November 1

🕒 Published: October 30, 2025 by Muqaddas Tahreem

The Government of Pakistan is expected to increase petrol prices in Pakistan from November 1, 2025, following a continuous rise in international oil rates and the impact of US sanctions on Russian oil producers. The decision will directly affect millions of motorists, transporters, and households already struggling with inflation and high living costs.

According to initial estimates from the Oil and Gas Regulatory Authority (OGRA), the prices of major petroleum products — including petrol, diesel, kerosene, and light diesel oil — are likely to increase by up to Rs. 2.34 per litre. The final notification will be issued by the Finance Ministry on October 31, 2025.

Expected Petroleum Price Hike in Pakistan

The provisional summary indicates the following expected changes:

These prices will remain in effect for the first fortnight of November 2025, unless international oil trends shift sharply before the next review.

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Why Petrol Prices Are Rising in Pakistan

There are multiple global and domestic reasons behind this upcoming price hike:

1. Rising International Crude Oil Prices – Global oil prices have crossed the $90-per-barrel mark due to production cuts by OPEC+ countries.
2. US Sanctions on Russia – Restrictions on Russian oil exports have reduced supply, driving up prices worldwide.
3. Fluctuating Dollar Rate – The depreciation of the Pakistani rupee against the US dollar has increased the cost of oil imports.
4. Freight and Insurance Costs – Increased global shipping and insurance expenses have further inflated Pakistan’s oil import bill.
5. Dependence on Imports – Pakistan imports nearly 85% of its petroleum, making it highly vulnerable to international market movements.

Experts say that until Pakistan increases local refining capacity or adopts renewable energy on a larger scale, such fortnightly fluctuations will continue.

Impact on Common Citizens

The expected rise in petrol and diesel prices will directly impact transportation, goods delivery, and manufacturing sectors — all of which are key contributors to inflation.
Bus and truck owners are expected to raise fares, while food and commodity prices may see another round of increases.

An auto rickshaw driver in Lahore commented,

“We are already paying more than Rs. 260 per litre. Another increase means fewer passengers and less earning. The government should give relief to poor drivers.”

For ordinary citizens, even a Rs. 1 increase per litre can affect daily budgets, as it leads to a domino effect on essential goods.

Government’s Position and Review Process

The Finance Ministry and OGRA conduct a review of petroleum prices every 15 days based on global market trends, freight charges, and the rupee-dollar exchange rate. The upcoming decision for November 1 will be finalized after analyzing import data and currency trends for the current fortnight.

A senior OGRA official said:

“We calculate landed cost, international parity price, and exchange rate impact before sending recommendations to the Finance Division. The government can then adjust prices based on political and economic conditions.”

The Prime Minister’s Office has the final authority to approve or delay any price changes.

Govt’s Efforts to Control Price Hikes

Despite the expected increase, officials claim that the government is taking several steps to minimize the burden on the public, such as:

• Adjusting petroleum levy and sales tax margins.
• Monitoring exchange rate fluctuations to control import costs.
• Exploring short-term subsidies for public transport and essential industries.
• Encouraging the use of electric bikes and hybrid vehicles to reduce fuel dependency.

The Ministry of Energy has also accelerated talks with refineries to enhance local processing capacity, which may reduce future price volatility.

International Factors Affecting Pakistan’s Oil Prices

The global oil market has faced significant instability over the past few weeks. Analysts point to the following reasons:

• OPEC+ supply cuts reducing global output by nearly 1 million barrels per day.
• Tensions in the Middle East, pushing up market uncertainty.
• US and EU sanctions on Russian energy exports, leading to supply shortages.
• Weakening currencies in emerging markets like Pakistan and Bangladesh, raising import bills.

Such global shifts have left developing countries with limited options, forcing governments to adjust domestic prices frequently.

The Role of OGRA and the Finance Ministry

OGRA determines the ex-depot prices for all petroleum products every fortnight. These prices are based on:

• International Arab Gulf mean prices,
• Exchange rate parity,
• Import costs from refineries,
• Freight margins, and
• Government-imposed levies.

The Finance Ministry then reviews OGRA’s summary and makes the final decision after political consultation. In some cases, the Prime Minister may defer an increase to prevent inflationary pressure.

Possible Relief in Next Cycle

If global crude prices fall below $85 per barrel or the rupee strengthens, the November 15 review could bring relief for Pakistani consumers. OGRA and the Ministry of Finance will closely monitor these trends before the next adjustment.

Energy analysts expect the next cycle to be more stable if oil supply improves globally in mid-November.

Long-Term Energy Solutions

To reduce dependency on imported petroleum, experts recommend that Pakistan:

1. Invest in renewable energy projects such as solar and wind power.
2. Expand refinery capacity to process local crude oil.
3. Promote electric vehicles (EVs) to reduce petrol consumption.
4. Develop mass public transport systems in major cities.
5. Encourage fuel-efficient driving practices among citizens.

These steps could significantly reduce Pakistan’s oil import bill and protect the economy from external shocks.

What Consumers Should Expect

With the expected increase from November 1, the average motorist may pay around Rs. 70–80 more per full tank. Diesel users, particularly those in agriculture and goods transport, will also face higher operational costs.

Officials suggest that consumers refuel before the official price revision takes effect at midnight on October 31.

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FAQs — Petrol Price Increase in Pakistan 2025:

Conclusion – Govt to Increase Petrol Prices in Pakistan from November

The upcoming petrol price increase in Pakistan from November 1, 2025, reflects the country’s exposure to global energy fluctuations. With inflation still high, any further rise in fuel rates will add to economic challenges faced by ordinary citizens.

Experts believe the only sustainable way forward is for Pakistan to invest in renewable energy, EV adoption, and local refining to ensure long-term fuel stability. Until then, consumers should brace for continued price adjustments every fortnight.