ISLAMABAD – Prices of all petroleum products in Pakistan are expected to decrease by up to Rs6.30 per litre from Sunday, December 1, for the next fortnight ending December 15, owing to slight fluctuations in international oil markets, informed sources said. The reduction will provide relief to households and businesses after months of steady increases.
Read More: Petrol, diesel prices set to drop from December 1 in Pakistan
The ex-depot price of high-speed diesel (HSD) is estimated to fall by Rs3.70 per litre, or around 1.4 per cent, while petrol is expected to drop by approximately Rs4.30 per litre, or 1.5 per cent. Since June 1, 2025, petrol and HSD prices have risen by Rs12.50 and Rs29 per litre, respectively.
Diesel prices expected to drop next week as Russia-Ukraine ceasefire loomshttps://t.co/pjwzzgc22O
— The Manila Times (@TheManilaTimes) November 28, 2025
Kerosene and light diesel oil (LDO) prices are also set to decline, by Re1 (0.3 per cent) and Rs6.35 per litre (3.7 per cent), respectively. Current ex-depot prices of kerosene and LDO stand at Rs194.34 and Rs170.80 per litre. Petrol, mainly used in private vehicles, rickshaws, and two-wheelers, will see its price drop from Rs265.45 to Rs261.75 per litre. HSD, used in heavy transport, agricultural engines, and trains, will decline from Rs284.44 to Rs280 per litre.
Fuel prices in Pakistan are set to decrease from Dec 1, with petrol down Rs. 3.75/L and diesel down Rs. 6.10/L, following a global oil rate drop. OGRA has submitted the price summary; Finance Ministry to announce new rates on Nov 30. #FuelUpdate #Pakistan #ConnectedPakistan pic.twitter.com/e9mTNiERSv
— Connected Pakistan (@ConnectedPak) November 28, 2025
Although the General Sales Tax (GST) on petroleum products is zero, the government levies petroleum development and climate support levies, along with customs duties and distribution margins, contributing to the overall retail price. Currently, petrol carries Rs100 per litre in taxes, and diesel Rs96 per litre.
Read More: Diesel rate up by Rs 6, petrol price unchanged
Petrol and HSD are the main revenue earners for the government, with monthly sales averaging 700,000–800,000 tonnes, compared to just 10,000 tonnes of kerosene. Revenue from the petroleum levy alone reached Rs1.161 trillion in FY25 and is projected to rise by about 27 per cent to Rs1.470 trillion this fiscal year. Analysts said the upcoming price cuts could slightly ease inflationary pressures on transport and essential goods.