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

Prices will be confirmed after regulatory review and prime ministerial sign-off.

Overview

  • Oil companies have submitted their fortnightly pricing recommendations to OGRA for evaluation.
  • Proposals point to petrol rising by Rs1.97 to Rs266.58 per litre and high-speed diesel up Rs2.48 to Rs272.47, effective Oct 1–15 if approved.
  • The Finance Ministry is expected to announce the final schedule once Prime Minister Shehbaz Sharif authorizes the summary.
  • Reported current pump rates are Rs264.61 for petrol and Rs269.99 for high-speed diesel, with suggested adjustments also flagged for light diesel and kerosene.
  • The Pakistan Stock Exchange’s KSE-100 index climbed 854 points intraday to 163,111 on the day the pricing outlook was reported.