OGRA Proposes Increase in fuel Prices
The Oil and Gas Regulatory Authority (OGRA) has recommended a price increase of up to Rs2.34 per litre for petroleum products, citing recent fluctuations in international crude oil markets and the depreciation of the Pakistani rupee.
Breakdown of Expected Adjustments
Sources indicate that petrol and high-speed diesel prices may see slight upward revisions, while rates for light diesel oil and kerosene are expected to remain largely stable. The proposal has been sent to the Finance Division for approval.
Economic Impact and Public Reaction
Economists warn that any increase in fuel prices will likely add pressure to inflation, particularly in the transport and food sectors. Public reaction on social media has been mixed, with citizens urging the government to introduce long-term fuel price stabilization policies.
Official Announcement Expected Soon
The final notification will be issued by the Ministry of Finance after approval from the Prime Minister’s Office, with new prices taking effect from November 1, 2025.
