Pakistan’s fuel pricing update brings a mixed shift as kerosene rises sharply while petrol sees a modest reduction amid global market volatility.
Consumers across Pakistan received mixed signals on fuel prices after the latest government and regulatory adjustments triggered both relief and fresh financial pressure. The Oil and Gas Regulatory Authority increased the price of kerosene oil by Rs8.70 per litre, pushing the new rate to Rs280.70 per litre, effective immediately.
In contrast, the federal government announced a Rs4 per litre reduction in petrol prices, lowering it from Rs381.78 to Rs377.78 per litre. However, high-speed diesel prices remained unchanged at Rs380.78 per litre, offering no additional relief for transport operators.
Officials attributed the fluctuating pricing pattern to ongoing volatility in global oil markets, driven by geopolitical tensions and uncertainty surrounding key international shipping routes. The frequent adjustments in petroleum rates have kept consumers and businesses on edge in recent weeks.
While the petrol price cut may provide limited relief to commuters and households, the sharp increase in kerosene is expected to impact lower-income groups who rely on it for heating and cooking. Analysts suggest that continued instability in global crude prices could lead to further revisions in the coming fortnightly review cycle.
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