ISLAMABAD – Petrol prices in Pakistan are most likely to change for February 2025 amid ongoing fluctuation in international market.
The global oil prices hovered near a two-week low on Tuesday as US President Donald Trump has vowed to reduce the rates. He also urged OPEC to slash the oil prices, a move that would definitely petroleum prices in Pakistan in upcoming review.
The Brent crude oil settled on Monday at its lowest since January 9, while WTI hit its lowest since Jan 2.
Amid the prevailing situation, it is being hoped that the government would revise down the petroleum prices in Pakistan but the media reports suggest otherwise.
Expected Petrol Prices from Feb 1
The federal government will conduct the upcoming review on January 31 and new petrol prices will come into effect from Feb 1 (Saturday) in Pakistan.
Reports said the government is likely to hike the petrol price by Rs3 per litre to Rs259.13 while the diesel price would be increased by Rs6 to Rs266.95 per litre. The final decision will be taken by the government after reviewing the summary of the Oil and Gas Regulatory Authority (OGRA).
Latest Petrol Prices in Pakistan Today
Earlier, the government revised the prices on January 15, increasing petrol rate by Rs3.47 per litre and high-speed diesel by Rs2.61.
The petrol prices stands at Rs256.13 per litre today while the diesel rate stands at Rs260.95 per litre.
On December 31, the federal government had also increased in petrol and diesel prices.
