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Govt ends hike streak, cuts petrol price

  • The federal government has reduced the petrol price by Rs7.54 per litre, making the new price Rs264.61 per litre, effective from August 1, 2025.
  • The price of high-speed diesel has increased by Rs1.48 per litre, raising the cost to Rs285.83 per litre, according to the Finance Division's notification.
  • This price revision follows a review by the Oil and Gas Regulatory Authority and relevant ministries, considering international market trends.
  • Previously, petrol prices had increased four times since June 2025, with a notable rise of Rs5.36 in the last fortnight.
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The government has made an important announcement regarding the prices of petroleum products across the country. In a recent notification issued by the Ministry of Finance, the new prices of petrol and high-speed diesel will be implemented from 12 midnight tonight. This decision will have a direct impact on the general public, transport fares and various sectors of the economy. According to the notification, the price of petrol has been reduced …

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Dawn broke the news in Pakistan on Thursday, July 31, 2025.
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