petrol new price

government announces new fuel prices

petrol new price

The Shehbaz Sharif government has decided to maintain the current petroleum prices for the next two weeks, while also addressing changes in global oil prices by introducing a notable decrease in electricity rates.

The Government of Pakistan has declared that petroleum prices will remain stable for the next two weeks, starting March 16, 2025.

As per a notification from the Finance Division, the prices for essential petroleum products such as High-Speed Diesel (HSD), Motor Spirit (MS-Petrol 92 RON), Superior Kerosene Oil (SKO), and Light Diesel Oil (LDO) will not change.

Here’s the current pricing breakdown:

High-Speed Diesel (HSD): Rs. 258.64 per liter  

Motor Spirit (MS-Petrol 92 RON): Rs. 255.63 per liter  

Superior Kerosene Oil (SKO): Rs. 168.12 per liter  

Light Diesel Oil (LDO): Rs. 153.34 per liter  

Additionally, the government has increased the petroleum levy on petrol and diesel by Rs. 10 per liter, raising it from Rs. 60 to Rs. 70 per liter for both fuels, effective immediately as of March 16.

The Prime Minister’s Office announced on Saturday that the federal government will keep the prices of petroleum products steady and ensure that the public benefits financially through adjustments in power tariffs.