Expected Petrol Rates from June 16
Expected Petrol Rate from June 16 in Pakistan is expected to increase in upcoming fortnightly review for June 2025 as global oil prices have witnessed upward trend amid Iran-Israel escalation. and the Oil prices jumped 7 percent in the international market as Israel and Iran traded air strikes, a development that could disrupt oil supply from the Middle East. Brent crude futures settled at $74.23 a barrel, up $4.87, or 7.02% on Friday. It was 12.5% higher than a week ago.
Expected Petrol price
As some issue in the middle east the petrol and diesel could be increased by the Rs 4.38 per litre due to the Amid rising tension in the Middle East, reports claimed that the petrol price could increase by Rs4.38 per litre, taking the price to Rs 258.01 per litre from existing Rs253.63.
Diesel Price expected 16 June
Diesel prices change and the increase will happen if the high speed diesel price is likely to move up by Rs5.02 per litre, taking the rate to Rs 259.66 per litre from current Rs 254.64.
Expected Rates
Fuel | Current price | Increase (Expected) | Expected New Price(Rs/Litre) |
Petrol | 253.63 per litre | +4.38 | 258.01 per litre |
Diesel | 254.64 per litre | +5.02 | 259.66 |
Final Decision will be taken by the Government on June 15 in light of the recommendations to be sent by the Oil and Gas Regulatory Authority of Pakistan and the new prices of Petrol and Diesel will come into effect from June 16 ,2025.
Carbon levy on Fuel
The imposition of a carbon levy on petroleum products has been proposed in the federal budget for the fiscal year 2025-26.and the Carbon levy of Rs 2.5 per liter is expected to generate around Rs 48 billion in the next financial year. The levy on motor spirit and high-speed diesel will be doubled to Rs 5 per liter in the following fiscal year which will generate Rs96 billion in 2026-27.
Budget Follow IMF
The budget for petroleum products for this 2025 year for the country is likely to continue its fiscal surplus in FY26 and thinks to maintain high direct taxes without reliefs for salaried workers or business and the budget will follow IMF guidelines and facing challenges like declining revenues from the Oil and Gas and pressure on the custom Duties.
Conclusion
Expected Petrol Rate from June 16 in Pakistan is expected to increase in upcoming fortnightly review for June 2025 as global oil prices increase or decrease and The imposition of a carbon levy on petroleum products has been proposed in the federal budget for the fiscal year 2025-26.and the Carbon levy of Rs 2.5 per liter is expected to generate around Rs 48 billion in the next financial year.Expected Petrol Rate from June 16 could increase by Rs4.38 per litre, taking the price to Rs 258.01 per litre from existing Rs253.63.
FAQ’s
What is the Expected Petrol Rate from June 16 ,2025?
Expected Petrol Rate from June 16 could increase by Rs4.38 per litre, taking the price to Rs 258.01 per litre from existing Rs253.63.
What are the Government plans for the Budget 2025 petrol price impact?
Government plans for the Budget 2025 petrol price impact on the fuels and Sharif led government plans to implement this carbon levy starting in fiscal year 2025-26.
What is the Diesel price in June ?
The price of Diesel in June 2025 is Rs 253.64 per litre in Pakistan