Petrol prices expected to drop by Rs8 per litre

August 12, 2025 (MLN): Petrol prices are expected to drop by approximately Rs8 per litre due to a decline in international rates, with revised prices likely to be effective from August 16 to 31, 2025.

The federal government is expected to announce a moderate reduction in petroleum product prices on August 15, offering some relief to consumers as international oil prices ease.

The recent drop in US crude oil prices by $5.71 per barrel, from $69.26 to $63.48, and a similar $5.72 per barrel decline in British Brent crude, from $71.70 to $65.98, over the past 11 days has been the key driver behind the anticipated reduction in fuel prices.

Currently, the ex-depot price stands at Rs264.61 per litre for petrol and Rs285.83 per litre for HSD.

This expected adjustment follows recent trends in global oil markets and includes a marginal reduction in the import premium on petrol, contributing to the overall decrease in domestic fuel prices.

To recall, in the last fortnight, the government reduced the price of petrol by Rs7.54 per litre to Rs264.61 and increased the price of high-speed diesel (HSD) by Rs1.48 per litre to Rs285.83, following OGRA’s recommendations amid shifts in the international oil market.

The revision saw the ex-refinery price fall by Rs1.22 to Rs183.57/litre, while the Inland Freight Equalization Margin (IFEM) rose by Rs0.20 to Rs6.24/litre.

The Petroleum Development Levy (PDL) was raised by Rs2.50 to Rs77.01/litre, with OMC and dealer margins unchanged at Rs7.87/litre and Rs8.64/litre, respectively.

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