Pakistan, May 14 -- Consumers in Pakistan could see a welcome drop in fuel prices starting May 16, 2025. Based on current international market trends, petrol prices may decrease by around Rs3.5 per litre, while high-speed diesel (HSD) could see a larger cut of up to Rs7 per litre. This expected relief would apply for the next pricing cycle ending on May 31, and is subject to no changes in the existing tax rates.

According to a report by informed sources, the expected price cut is due to a decline in global fuel prices and a slight drop in the import premium on petrol. Over the past two weeks, petrol prices in the international market have fallen by approximately $1.5 per barrel, while diesel prices have gone down by nearly $3 per barrel....