Petrol prices in Pakistan likely to increase from December 15

Petrol prices in Pakistan are expected to rise by Rs2.40 per litre starting December 15, 2025, for the next two weeks.

Petrol prices in Pakistan are expected to rise by Rs2.40 per litre starting December 15, 2025, for the next two weeks. The government is set to announce the updated fuel rates on the same day, reflecting trends in the global oil market and preliminary assessments of domestic petroleum product costs.

According to sources within the Petroleum Division, authorities are considering raising the profit margins for oil marketing companies (OMCs) and fuel dealers to keep pace with inflation, a move that would contribute to higher petrol and diesel prices across the country.

A summary prepared by the Petroleum Division recommends increasing the profit margin from Rs1.10 to Rs1.28 per litre. This proposal will be discussed and reviewed by the Economic Coordination Committee (ECC) in its scheduled meeting today (Tuesday) before being presented for final approval by the federal cabinet.

Earlier discussions on December 3 between Federal Minister for Petroleum, Ali Pervaiz Malik, OMC representatives, and dealers’ associations focused on the revision of profit margins. During the talks, the Petroleum Division assured stakeholders that adjustments in profit rates were under consideration.

Currently, OMCs earn Rs7.87 per litre on petrol and diesel, while fuel dealers receive a commission of Rs8.64 per litre, bringing the total combined margin to Rs16.51 per litre. Any additional increase in margins would directly impact consumer prices.

This upcoming hike follows a reduction in fuel prices earlier this month. On December 1, 2025, the government lowered petrol rates by Rs2 per litre, bringing the cost to Rs263.45 per litre. Similarly, the price of high-speed diesel was reduced by Rs4.79 per litre, with the new rate now standing at Rs279.65 per litre, offering temporary relief to consumers amid fluctuating fuel costs.