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Fuel prices in Pakistan are expected to rise by up to Rs9.50 per litre for high-speed diesel (HSD), kerosene, and light diesel oil (LDO) from November 15, while petrol may see a minor decrease. The revision follows minor fluctuations in the international oil market.
Since June 1, petrol and HSD prices have already increased by Rs12.50 and Rs23 per litre, respectively, reflecting global oil trends and domestic tax policies. Fuel price adjustments directly impact transport costs, agricultural produce, and overall inflation, affecting both urban and rural consumers.
High-Speed Diesel (HSD): Expected to rise by Rs9.50 per litre (about 3.4%), pushing the ex-depot price from Rs278.44 to Rs288. HSD powers most heavy transport vehicles, trains, and agricultural machinery, influencing overall commodity prices.
- Petrol: May decrease slightly by Rs2 per litre to Rs263.50, affecting private transport, rickshaws, and two-wheelers.
- Kerosene Oil: Likely to rise by Rs8.80 per litre (4.8%), current rate Rs185.
- Light Diesel Oil (LDO): Estimated increase of Rs7.15 per litre (4.4%), current rate Rs164.
“HSD price increases are inflationary as they impact heavy transport and agricultural operations, indirectly raising the cost of vegetables and essentials,” sources said.
The monthly sales of petrol and HSD are around 700,000–800,000 tonnes, making them significant revenue sources for the government. Transporters have already adjusted fares due to past fuel price increases, and the new revision may further affect logistics and commodity prices.
