Pakistan is likely to witness a notable reduction in petroleum product prices starting December 1, 2025. According to industry sources, petrol prices may decrease by Rs. 3.75 per litre, while high-speed diesel (HSD) could see a more significant drop of Rs. 6.10 per litre.
The price of kerosene oil is also expected to decline by Rs. 0.73 per litre, whereas light diesel oil (LDO) may become cheaper by Rs. 6.35 per litre. Oil marketing companies have completed their price calculations and submitted the revised estimates to the Oil and Gas Regulatory Authority (OGRA).
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OGRA is now finalizing a detailed summary of the proposed adjustments, which will be forwarded to the Ministry of Finance for approval. After consulting with the Prime Minister, the ministry will announce the new petroleum prices for the next 15-day review cycle on November 30.
Once approved, the revised prices will become effective from December 1, 2025.
