Islamabad/Karachi, June 14, 2025 — The federal government has announced a fresh increase in petroleum prices for the fortnight beginning June 16. Petrol will rise by Re 1 per litre, bringing the ex-depot price to approximately Rs 253/L, while diesel will surge by Rs 5, reaching around Rs 260/L, according to sources within the Finance Division .
Currently, the ex-depot price for petrol stands at Rs 252.63/L, and for high-speed diesel (HSD) at Rs 254.64/L.
Taxes and Levies
Consumers shoulder nearly Rs 94/L in taxes, comprising:
- Petroleum Development Levy (PDL): Rs 78.02/L on petrol; Rs 77.01/L on HSD
- Customs duty: Rs 16/L
- Distributor/dealer margin: ~Rs 17/L
Why Prices Are Rising
The uptick reflects a rise in international crude rates following global tension, notably Israel’s actions against Iran, which increased Brent crude by approximately $2/barrel. Combined with the new Rs 2.5/L carbon levy from the 2025–26 budget, transportation and food costs are expected to rise further.
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