ISLAMABAD: The government has approved a fresh increase in petroleum product prices for the upcoming fortnight, following recommendations from the Oil and Gas Regulatory Authority (OGRA) and consultations with relevant ministries.
According to a Finance Division statement issued Thursday night, the price of petrol (MS) has been raised by Rs2.43 per litre, taking it to Rs265.45 per litre from the previous Rs263.02. The rate of high-speed diesel (HSD) has also been increased by Rs3.02 per litre, bringing the new price to Rs278.44 per litre, up from Rs275.42.
The revised prices will be effective from November 1, 2025, and will remain in place for the next two weeks.
The Finance Division said the adjustments were based on global oil price movements and exchange rate fluctuations, after reviewing data provided by OGRA and other relevant departments.
In the previous fortnightly review, the government had reduced petrol prices by Rs5.66 per litre to Rs268.68, and cut diesel prices by Rs1.39 per litre to Rs275.41.
The division noted that the new pricing reflects current international market conditions and aims to ensure price stability while maintaining supply across the country.
