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Pakistan is expected to see a sharp rise in fuel prices starting July 1, 2025, with petrol and diesel possibly increasing by Rs 21 and Rs 27 per liter.
The new petrol price may reach Rs 279-280 per liter, while high-speed diesel (HSD) could climb to Rs 289-290 per liter, as predicted by Arif Habib Limited.
This potential increase is linked to rising international oil prices caused by the ongoing Israel-Iran conflict, which has impacted the global fuel market.
According to Arif Habib Research, international Gas Oil prices have risen by 9.6 percent and Gasoline by 4.5 percent since June 13, reaching $93.3 and $83.4 per barrel, respectively.
If global trends continue, domestic fuel prices in Pakistan are likely to go up significantly, placing additional pressure on consumers already burdened by inflation.
Earlier this month, on June 15, the federal government raised petrol prices by Rs. 4.80 per liter and HSD by Rs. 7.95 per liter for the final fortnight of the fiscal year.
The next pricing update will be critical as Pakistan’s economy continues to grapple with currency pressures and rising import costs.
