Petrol prices in Pakistan are going up on May 16, 2025. They’re rising because the government needs to change rates as world oil market stuff happens. We hear it might go up by Rs2.5 to Rs3 per liter. After this change, petrol could be Rs255 per liter and high-speed diesel might be Rs258 to Rs259 per liter.
Right now, petrol costs Rs 252.63 and diesel Rs 256.64 per liter. This upcoming rise is different from what’s been happening lately, like on April 30, when there was a small drop of Rs2.
Global Oil Market Impact
The rise is mostly because oil prices in the world are going up. Market experts say it’s because more people want oil and there’s less tension in trade between the U.S. and China.
Latest numbers show U.S. oil went up 1.2%, now at $62.62 a barrel. Brent oil is also up, by 1.1%, at $64.86 a barrel. Just before, U.S. oil hit $63.57—a two-week high, and Brent hit $66.34, the highest since late April.
Detailed Pricing Information
Petrol now is Rs 252.63, diesel Rs 256.64. With the coming changes, petrol could be Rs255 and diesel might be between Rs258 and Rs259. This follows small price cuts earlier in May, when the government dropped it by Rs2 to help people with costs.
These upcoming changes show how quickly fuel prices in Pakistan can change because of the world oil market.
Public and Economic Reactions
Higher petrol prices mean things like transport could get more expensive, and that could make other things pricier too. Experts worry this could make it harder for people to buy stuff, hurting their wallets.
Industries are reacting differently. Some, like transport, expect higher costs; others might pass these costs to customers. Business leaders want the government to help ease the impact of these rises.
Given these changes, the government might need to tweak its money plans, maybe even help out to soften the blow of these higher fuel costs.