Silver City: Pakistani consumers are bracing for another fuel price increase as sources confirm that petrol and diesel rates will be revised upward starting October 1, driven by rising global crude oil prices.
Expected Price Changes
Industry insiders reveal that both ex-refinery and ex-depot rates will see significant adjustments across all fuel categories.
Petrol is projected to increase by Rs. 1.97 per liter at the ex-refinery level, bringing the price from Rs. 160.93 to Rs. 162.90, a 1.2% rise. At the pump, consumers will pay Rs. 266.58 per liter, up from the current Rs. 264.61, representing a 0.7% increase.
High-speed diesel (HSD) will experience a steeper hike of Rs. 2.48 per liter at refineries, moving from Rs. 172.65 to Rs. 175.13 (1.4% increase). The ex-depot price will climb to Rs. 275.25 from Rs. 272.77, a 0.9% jump.
Kerosene oil faces the sharpest increase, with ex-refinery prices surging Rs. 4.66 per liter, from Rs. 151.62 to Rs. 156.27 (3.1% rise). At distribution points, the price will reach Rs. 184.61, up from Rs. 179.96, marking a 2.6% increase.
Light diesel oil (LDO) will edge up by Rs. 1.76 per liter at refineries (Rs. 141.63 to Rs. 143.39), translating to a 1.2% increase. The ex-depot price will rise to Rs. 165.18 from Rs. 163.42, a 1.1% uptick.
Impact on Households
The impending fuel price hike comes at a challenging time for Pakistani families already grappling with record inflation, steep electricity bills, and rising food costs. The increase will particularly strain low- and middle-income households, adding pressure to already tight budgets.
The final decision on these price adjustments awaits official government approval, with an announcement expected shortly.
