Amid declining global oil prices, the federal government announced a slight reduction in the prices of petrol and high-speed diesel (HSD) for the first fortnight of May 2025.
New Petrol Price in Pakistan
| Product | New Price |
| Petrol | 252.63 |
| High-Speed Diesel | 256.64 |
This decision aligns with the government’s biweekly price review mechanism, which considers international market trends and exchange rate fluctuations. The reduction follows a significant decline in global oil prices, with Brent crude futures dropping to $63.48 per barrel and U.S. West Texas Intermediate crude at $59.68 per barrel.
The price cuts are expected to ease transportation costs and provide relief to consumers, particularly in sectors reliant on diesel for operations. However, experts caution that the government’s recent move to abolish the Fifth Schedule, which previously capped the petroleum levy, may offset some of the benefits of lower crude prices
The government has stated that any savings from the reduced fuel prices will be directed toward infrastructure projects, aiming to bolster economic development and political support in key regions. The revised fuel prices will remain in effect until May 15, 2025, subject to further adjustments based on market conditions.
Citizens and businesses alike are hopeful that this move will contribute to controlling inflation and improving economic stability in the coming weeks.
