Petrol price expected to drop by Rs8.27 from April 16

April 15, 2025 (MLN): Petrol prices are expected to drop by Rs8.27 per litre following a decline in international rates, with revised prices likely to be effective from April 16 to 30, 2025.

The federal government is expected to declare a significant reduction in petroleum product prices on April 15, providing much-needed relief to consumers amid persistent inflation.

Diesel prices are also projected to decrease by Rs7 per litre, while kerosene oil and light diesel oil may see reductions of Rs7.47 and Rs7.21 per litre, respectively.

This anticipated adjustment marks one of the most substantial decreases in fuel prices in recent months, aligning with the global trend of falling oil prices.

The expected drop follows a modest cut implemented last month, when petrol prices were reduced by just Rs1 per litre, bringing the rate down from Rs255.63 to Rs254.63.

However, high-speed diesel (HSD) prices were kept unchanged at Rs258.64 per litre during that period.

The federal government had earlier maintained petroleum prices without any changes in its March 15 adjustment.

The upcoming price revision reflects ongoing efforts to align domestic rates with international market movements.

Despite the expected cuts, the current pricing breakdown highlights the continued burden of taxes and levies on consumers.

The ex-refinery price of petrol stands at Rs148.51 per litre, whereas the public is paying Rs255.63 a markup of over Rs100.

Similarly, the ex-refinery price of high-speed diesel is Rs154.06 per litre, compared to the retail price of Rs258.64.

Petrol is a key fuel for private transport, small vehicles, motorcycles, and rickshaws, making its price highly impactful on the budgets of middle and lower-middle income households.

High-speed diesel, used widely in heavy transport vehicles, agricultural machinery, buses, and trains, plays a critical role in shaping inflation trends, particularly for essential commodities like vegetables and other food items.

As the government prepares to revise prices for the next fortnight, all eyes are on the official announcement, which could ease the financial strain on consumers and support economic activity in the transport and agriculture sectors.

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