ISLAMABAD – Pakistani government delivered another slight fuel-price cut, bringing petrol to Rs390 mark and diesel down by more than Rs2 per litre, even as a fresh Middle East escalation sent international oil prices sharply higher.
Under the latest revision, petrol has been reduced by 84 paisas per litre to Rs389.28, while high-speed diesel (HSD) has fallen by Rs2.63 to Rs412.12 per litre. The new rates apply from September 25.
The reduction comes after another round of downward adjustments, with petrol previously falling from Rs392.05 to Rs390.12, while HSD dropped from Rs418.96 to Rs414.75 on September 24.
Petrol Price Trends in Pakistan
| Date | Petrol price | Change |
|---|---|---|
| Sep 24 | Rs390.12 | ↓ Rs1.93 |
| Sep 23 | Rs392.05 | ↓ Rs1.70 |
| Sep 22 | Rs393.75 | ↑ Rs4.61 |
| Sep 21 | Rs389.14 | No change |
| Sep 20 | Rs389.14 | No change |
| Sep 19 | Rs389.14 | ↓ Rs1.65 |
| Sep 18 | Rs390.79 | ↓ Rs0.43 |
| Sep 17 | Rs391.22 | ↑ Rs6.88 |
| Sep 16 | Rs384.34 | ↑ Rs4.10 |
| Sep 15 | Rs380.24 | ↑ Rs4.42 |
Saudi Arabia-Houthi escalation jolts oil markets
International crude prices jumped sharply on Thursday after a new military escalation involving Saudi Arabia and Yemen’s Iran-aligned Houthis.
Saudi-led coalition forces said they had intercepted six ballistic missiles launched towards Saudi territory, with reports identifying Taif and the Yanbu area as targets. Saudi authorities also issued emergency warnings covering areas including Mecca, Jeddah, Yanbu, Taif and Tabuk before later saying the immediate danger had passed.
Houthis gave a different account, claiming they had launched dozens of ballistic missiles and drones against Saudi military installations in Jazan, including command centres, weapons depots and missile-launch positions.
The escalation was enough to send fresh geopolitical risk through energy markets.
Brent crude surged about 4%, while US West Texas Intermediate also climbed around 4%, with Reuters reporting Brent at $107.18 and WTI at $95.82 during Thursday trading.
The latest oil-market jump is particularly significant for Pakistan because international petroleum prices are among the key factors feeding into the country’s domestic fuel-pricing formula. Yet the immediate impact for Pakistani consumers is a fresh reduction rather than an increase.
Petrol Price in Pakistan falls to Rs390.12, Diesel to Rs414.75 Per Litre
