Petrol, Diesel Likely to Get Cheaper from Dec 1

News Desk 

Islamabad: Petroleum prices in Pakistan are likely to decrease from December 1, 2025, with cuts of up to Rs6.35 per litre for the next two weeks, industry and government sources told on Saturday.

The anticipated relief stems from increased global supply, following the restoration of several units at Kuwait’s Al-Zour Refinery — one of the Gulf region’s largest facilities.

Based on preliminary estimates using 13 days of data, petrol prices are expected to fall by Rs3.70 per litre, from the current Rs265.45 to an estimated Rs261.75. High-Speed Diesel (HSD) may also see a reduction of Rs4.28 per litre, bringing the price down to Rs280.16 from Rs284.44.

Kerosene is projected to witness a slight drop of Re0.73, decreasing from Rs194.34 to around Rs193.61. Light Diesel Oil (LDO) is expected to record the sharpest cut of Rs6.35 per litre, lowering its price from Rs170.80 to Rs164.45.

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The expected downward trajectory is largely linked to improved supply conditions across the Gulf.

In the previous fortnightly review, the federal government maintained the petrol price at Rs265.45 per litre, in line with OGRA’s recommendation. However, the price of HSD was raised by Rs6 per litre — from Rs278.44 to Rs284.44 — due to tight supplies resulting from maintenance at Kuwait’s Kutais refinery and the temporary shutdown of two units at Al-Zour.

With both facilities now operational again, supply pressure has eased, stabilising the market and pushing international petroleum product prices downward.

Further contributing to the expected price cuts is a decline in global crude oil benchmarks. Brent crude has fallen by 1.44% to $62.47 per barrel, while WTI has dropped by 1.68% to $58.83.

Officials say improved refinery output combined with softer crude prices has created favourable conditions for Pakistan to pass on the benefit to consumers in the upcoming price adjustment.