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Pakistan Weighs Modest Fuel Price Hike for Oct. 1–15

Final sign-off by the prime minister will decide if OGRA’s proposed increases take effect for the first half of October.

Overview

  • Industry calculations propose per-litre rises of Rs1.97 for petrol, Rs2.48 for high-speed diesel, Rs1.76 for light diesel and about Rs4.64–4.65 for kerosene.
  • OGRA has prepared the pricing summary for the Petroleum Division and Finance Ministry, with a formal announcement pending the prime minister’s approval.
  • If cleared, the revised pump rates would apply from October 1 to October 15 under Pakistan’s fortnightly review mechanism tied to global markets and the exchange rate.
  • Officials and analysts caution that a diesel increase would raise freight and public transport costs and push up prices of essential goods.
  • The last notified baseline set petrol at Rs264.61 per litre and high-speed diesel at Rs272.77, while the UAE has already confirmed October rates of Dhs2.77 for Super 98, Dhs2.66 for Special 95, Dhs2.58 for E-Plus 91 and Dhs2.71 for diesel.