Today Petrol Price in Pakistan 2025 Major Increase Expected

By Hina Khan Last updated Jul 1, 2025

Petrol and Diesel Prices Likely to Go Up in Pakistan from July 1

Despite a drop in oil prices in the international market, petrol and diesel prices in Pakistan are expected to rise again, News reported on Monday, quoting sources.

According to the report, the price of high-speed diesel may go up by Rs14.86 per litre, while petrol might become Rs11.43 more expensive per litre. These new prices are expected to take effect from July 1, 2025, for the next 15 days.

The Oil and Gas Regulatory Authority (OGRA) is preparing a report on the new prices. Once it is ready, the Petroleum Division and the Ministry of Finance will review it. After that, it will be sent to Prime Minister Shehbaz Sharif for final approval.

Global Oil Prices Are Going Down

Meanwhile, in the international market, oil prices fell on Monday. This is because tensions in the Middle East have eased, and there is a chance that OPEC+ might increase oil production in August. These factors are improving the global supply situation, although there is still uncertainty about oil demand.

Brent crude oil (for August delivery) dropped by 12 cents (0.18%), reaching $67.65 per barrel as of 07:18 GMT. The more active September contract also went down by 24 cents, reaching $66.56 per barrel.

Senate Rejects Carbon Levy on Petrol

Last Thursday, the Senate’s Finance Committee rejected the government’s plan to add a carbon levy on petrol in the 2025–26 federal budget.

The government had proposed a Rs2.5 per litre carbon levy on petrol. However, Senator Sherry Rehman opposed this move. She said there is a clear difference between a carbon tax and a carbon levy. According to her, many countries use a carbon tax, not a levy. She also said that such a levy needs a separate law and cannot be added through the finance bill.

Senator Mohsin Aziz also said that the Supreme Court had already stopped the government from collecting a carbon levy in the Zafar Iqbal Jhagra case. If the government still tries to impose it, it may be considered contempt of court.