ISLAMABAD: Fuel prices in Pakistan are expected to rise slightly in the upcoming fortnight, with petrol likely to increase by Re1 per litre and high-speed diesel (HSD) by Rs5 per litre, due to an uptick in international oil prices.
According to industry sources, the ex-depot price of petrol may go up from its current Rs252.63 per litre, pending final calculations on June 15. Petrol is widely used in motorcycles, rickshaws, and small private vehicles—making any increase especially impactful for middle- and lower-income groups.
The ex-depot price of HSD, currently at Rs254.64 per litre, is set to see a more substantial hike. Diesel powers most of the heavy transport sector, trains, and agricultural machinery, and its cost has a significant trickle-down effect on inflation and food prices. Despite fuel price drops in the past, transport fares rarely see a corresponding decrease.
Currently, the government charges about Rs94 per litre in taxes on both petrol and diesel. While General Sales Tax (GST) remains zero, Petroleum Development Levy (PDL) is charged at Rs78.02 per litre on petrol and Rs77.01 on diesel.
In addition, around Rs16 per litre is levied as customs duty, and Rs17 per litre is allocated as distribution and dealer margins.
