KARACHI: Petrol prices in Pakistan are expected to decrease by Rs3.70 to Rs6.35 per litre from December 1, 2025, offering potential relief to consumers amid rising living costs. According to official sources, the government will announce the revised fuel prices on Sunday, based on trends in international oil markets.
Preliminary calculations indicate that petrol prices may drop by Rs3.70 per litre, while high-speed diesel (HSD) could see a reduction of Rs4.28 per litre. Kerosene oil is expected to decrease by Rs0.73 per litre, and light diesel oil may fall by Rs6.35 per litre. Following the adjustments, petrol prices are likely to be set at Rs261.75 per litre, while HSD may be priced at Rs280.12 per litre.
The Oil and Gas Regulatory Authority (OGRA) is scheduled to submit its pricing summary to the Petroleum Division, which will then forward recommendations to the Ministry of Finance. Final approval for the revised rates will be granted by Prime Minister Shehbaz Sharif. The new rates are set to take effect from Monday, December 1, 2025.
In the previous fortnight, diesel prices had been increased by Rs6 per litre, while petrol rates remained unchanged. The expected reduction in fuel prices comes as a welcome development for businesses, transporters, and ordinary consumers who have been facing pressure due to high energy costs.
Separately, the Senate was briefed by the Petroleum Division on the additional petroleum levy introduced to fund road construction projects. An extra Rs8 per litre on petrol and Rs7 per litre on diesel was imposed starting April 16, 2025, to generate revenue specifically for road-building initiatives. According to the details provided, from April 16 to September 30, a significant amount of funds was collected under this levy, which is being utilized for national infrastructure development.
Analysts believe that the expected decrease in fuel prices could positively impact inflation, as lower energy costs typically reduce transportation and logistics expenses, leading to broader economic benefits. The government’s move to adjust prices reflects ongoing efforts to balance international market fluctuations with domestic economic stability.
The upcoming announcement will be closely monitored by the public and industry stakeholders, as fuel costs directly affect daily expenses, transport fares, and the overall cost of goods across Pakistan.
