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Petrol Prices Expected to Drop by Up to Rs6.36 per Litre from December 1

Pakistan is likely to see a significant reduction in petroleum prices from December 1, 2025, with expected cuts of up to Rs6.35 per litre for the next two weeks, according to industry and government sources.

The anticipated price drop comes as global oil supplies improve, largely due to the restoration of multiple units at Kuwait’s Al-Zour Refinery, one of the Gulf region’s largest refining facilities.

Based on initial calculations over the past 13 days:

Petrol may become cheaper by Rs3.70 per litre, dropping from Rs265.45 to Rs261.75.

High-Speed Diesel (HSD) is expected to fall by Rs4.28 per litre, to Rs280.16 from the current Rs284.44.

Kerosene could see a modest cut of Re0.73, bringing its price to around Rs193.61.

Light Diesel Oil (LDO) is projected to see the steepest reduction at Rs6.35 per litre, decreasing to Rs164.45 from Rs170.80.

The downward trend follows improved supply conditions in the Gulf, in contrast to the previous fortnight when the federal government kept petrol prices unchanged at Rs265.45 per litre, while raising HSD prices by Rs6 due to supply constraints.

Those earlier supply disruptions stemmed from maintenance at Kuwait’s Kutais refinery and a temporary shutdown of two units at the Al-Zour complex issues that have now largely been resolved.

With these facilities now back in operation, supply shortages have eased, stabilising the market and putting downward pressure on international petroleum product prices.

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

Officials say that improved refinery output and softer crude prices have together created favourable conditions for Pakistan to pass on the benefit to consumers in the upcoming price revision.

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