POL prices unlikely to change for next fortnight

ISLAMABAD: The prices of petroleum products from May 1, 2025, for the next fortnight are likely to remain unchanged as, according to industrial and official estimates, petrol may decrease by Re0.016 per litre and high-speed diesel may go up by just Re0.01 per litre.

“The slight fluctuation in prices of petrol and diesel may not be passed on to the end consumers the official sources told this scribe saying that the Brent crude rate stayed at $65.52 per barrel and WTI crude remained at $61.87 per barrel mainly under pressure from market expectations of oversupply and uncertainty around tariff talks between the U.S. and China.

However, kerosene price may increase by 0.8 percent (Rs1.30) per litre to Rs170.68 per litre from the existing Rs169.38 per litre. The prices of LDO (Light Diesel Oil) may surge by Rs1.35 to Rs154.39 from Rs153.04 per litre.