Summary Consumers in Pakistan are still bearing an additional burden of Rs. 16.24 per litre. The petrol prices in Pakistan should have been Rs. 283.26 per litre instead of Rs. 299.50 per litre.
LAHORE (Dunya News): The prices of petroleum products were reduced significantly in Pakistan of Friday, however, they have not returned to the pre-US-Iran war levels and the relief provided to the public remains insufficient compared to the earlier increases.
As per calculations, consumers in Pakistan are still bearing an additional burden of Rs. 16.24 per litre on petrol prices. The petrol prices in Pakistan should have been Rs. 283.26 per litre instead of the current price of Rs. 299.50 per litre.
According to the data, on February 27, 2026, the prices of Brent crude oil was $72 per barrel, while petrol in Pakistan was being sold at Rs. 258.17 per litre.
On February 28, when the United States attacked Iran, international markets were closed because it was a weekend, so Brent oil prices remained unchanged. However, petrol prices in Pakistan were increased by Rs. 8, reaching Rs. 266.17 per litre, effectively placing an additional 3 percent burden on Pakistani consumers despite no change in the global market.
The prices of Brent crude oil reached $94 per barrel by March 7, an increase by nearly 30 percent. In Pakistan, petrol prices increased by 21 percent, or Rs. 55, to Rs. 321.17 per litre, meaning the domestic increase was 9 percent lower than the global rise in the prices.
On April 3, the price of Brent crude was increased by another 36 percent to $128 per barrel. Meanwhile, petrol prices in Pakistan surged by a record 43 percent to Rs. 458.41 per litre, making petrol 7 percent more expensive than the increase in global oil prices.
The Brent crude prices witnessed a decrease of 6 percent on April 5, shedding $8 and dropping to $120 per barrel. In Pakistan, petrol prices declined by 18 percent to Rs. 378 per litre.
By April 11, Brent crude had declined to $107 per barrel, a reduction by 11 percent, but petrol prices in Pakistan dropped by only 3 percent, or Rs. 11.42, to Rs. 366.58 per litre.
On April 18, Brent crude declined to $95 per barrel, a reduction by another 12 percent, yet instead of becoming cheaper, petrol in Pakistan became 19 percent more expensive, rising by Rs. 26.77 to Rs. 393.35 per litre.
On April 25, Brent crude dropped further to $90 per barrel (a 5 percent decrease), but petrol prices in Pakistan remained unchanged at Rs. 393.35 per litre.
On May 1, Brent crude increased by 11 percent to $100 per barrel, while petrol prices in Pakistan rose by only 2 percent, or Rs. 6.51, to Rs. 399.86 per litre.
By May 9, Brent crude reached $105 per barrel, a 5 percent increase, while petrol prices in Pakistan climbed by nearly Rs. 15, or 4 percent, to Rs. 414.78 per litre.
On May 16, Brent crude remained steady at $105 per barrel, but petrol prices in Pakistan fell by Rs. 5, or 1 percent, to Rs. 409.78 per litre.
On May 23, Brent crude declined by 5 percent to $100 per barrel, and petrol prices also fell by 1 percent, or Rs. 6 in Pakistan, to Rs. 403.78 per litre.
The prices of Brent crude dropped to $90 per barrel (a 10 percent decrease) on May 30, while petrol prices in Pakistan decreased by only Rs. 22, reaching Rs. 381.78 per litre, a reduction of about 5 percent.
On June 6, Brent crude prices fell by 7 percent to $84 per barrel, but petrol prices in Pakistan declined by only 1 percent, or Rs. 4, to Rs. 377.78 per litre.
On June 13, the prices of Brent crude remained unchanged at $84 per barrel, yet petrol prices in Pakistan were reduced by another Rs. 4 to Rs. 373.78 per litre.
Finally, on June 19, Brent crude fell to $79 per barrel in the international markets, a decrease of approximately 6 percent. Pakistan also announced a major reduction in petrol prices, slashing the prices by Rs. 74.28 to Rs. 299.50 per litre, representing a decline of nearly 20 percent.
From February 28 to June 19, oil prices experienced significant fluctuations. Brent crude rose from $72 to $128 per barrel before falling back to $79 per barrel.
In contrast, petrol prices in Pakistan increased from Rs. 258 to Rs. 458 per litre and have now come down to Rs. 299.50 per litre. Over the entire period, Brent crude prices increased by 9.72 percent internationally, while petrol prices in Pakistan rose by 16.12 percent.
Based on this comparison, petrol prices in Pakistan should have been Rs. 283.26 per litre instead of the current price of Rs. 299.50 per litre. As a result, consumers are still bearing an additional burden of approximately Rs. 16.24 per litre.
