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Pakistan is likely to see a major cut in petrol and diesel prices from December 1, 2025, after a sharp decline in international oil rates. The expected reduction comes as global crude prices continue to slide due to increased supply and lower demand in regional markets.
For months, Pakistan has been adjusting domestic petroleum prices in line with global trends to stabilize inflation and manage fuel related costs. The latest drop in international rates has now created room for another price relief.
According to industry sources, petrol prices may fall by Rs. 3.75 per litre, while high speed diesel could see a steeper reduction of Rs. 6.10 per litre starting next month. Kerosene oil is expected to become cheaper by Rs. 0.73 and light diesel by Rs. 6.35.
An official from an oil marketing company said,
“All calculations have been completed and submitted to OGRA, and the expected decrease is directly tied to the fall in global oil prices.”
Oil companies have forwarded their pricing sheets to the Oil and Gas Regulatory Authority (OGRA), which is currently preparing its summary of recommended adjustments. The summary will be sent to the Ministry of Finance tomorrow.
After consulting with the Prime Minister, the Ministry of Finance will announce the new petroleum prices on November 30, which will remain in effect for the next 15 days starting December 1, 2025.
Officials say the reduction, if approved, will help ease transportation costs and may offer temporary relief in inflation.
