Breaking News: Petrol Price in Pakistan to Jump by Rs. 3/Litre from May 16!

Global Oil Surge Forces Fuel Hike – Here’s What You’ll Pay at the Pump, Petrol price in Pakistan May 2025.

KARACHI, May 14, 2025 – Brace for tighter budgets! Petrol and diesel prices in Pakistan are set to rise this Friday, May 16, as global oil markets hit a two-week high. Industry insiders confirm an expected increase of Rs. 2.5–3 per litre, pushing petrol beyond Rs. 255 for the first time this month.

📉 Expected New Fuel Prices (May 16, 2025)

Fuel TypeCurrent Price (Rs./Litre)New Expected Price (Rs./Litre)Increase
Petrol252.63255.00+2.37
High-Speed Diesel256.64258.50–259.00+1.86–2.36

💡 Pro Tip: Fill up your tank by Thursday night to save money!

🌍 Why Are Prices Rising?

  1. Global Oil Rally:
    • US crude oil surged to 62.62/barrel(+1.262.62/barrel(+1.264.86 (+1.1%) – the highest since late April.
    • Easing US-China trade tensions have boosted market optimism, driving demand.
  2. Pakistan’s Fortnightly Adjustment:
    • The government revises prices every 15 days based on international trends.
    • This hike reverses April’s Rs. 2/Litre cut, erasing last month’s relief.

⏳ Last Chance to Save!

  • Deadline: Prices change at midnight, May 15.
  • Impact: A full 50-litre tank will cost Rs. 150 more after the hike.
  • May 1: Prices dropped by Rs. 2/Litre (Petrol: Rs. 252.63 | Diesel: Rs. 256.64).
  • April 16: A Rs. 5/Litre spike shocked consumers.
  • Volatility Warning: Analysts predict more fluctuations in June due to uncertain global markets.

🔍 What’s Next?

  • Official Announcement: The Finance Ministry will confirm final rates late Thursday night.
  • Live Updates: Bookmark this page or follow us for instant alerts.

💬 What Do You Think?

“Will this hike hurt your monthly budget? Comment below!”

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