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Wed, Jun 24, 2026

Massive decrease expected in petrol prices in Pakistan from June 16

Govt finalize mechanism for targeted petrol subsidy

ISLAMABAD: Petrol and diesel prices could be lowered by as much as Rs12 in Pakistan, according to sources.

The expected reduction in petrol prices is being attributed to the global market.

The global market has seen a decrease of $5.14 in prices, and as a result, prices in Pakistan are also expected to drop by up to 12 rupees.

After the reduction in global market prices for petrol, the price has now settled at $89 per barrel.

Expected New Petrol Price in Pakistan from June 16

The petrol price is likely to plunge by Rs12 to Rs256.36 per liter, starting from June 16 in Pakistan.

Commodity Expected Price per litre
Petrol Rs256.36

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