Business

Govt likely to slash petroleum prices from January 1

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Web Desk

ISLAMABAD: Pakistanis can welcome the New Year with cheaper petrol and diesel, as global petroleum prices have seen a significant decline.

The international price of crude oil has fallen to $69.73 per barrel from $75.05 per barrel, a decrease of $5.32 per barrel at the end of December. This global decline will also affect domestic fuel prices.

Petrol Price in Pakistan 2025

Product Current Price
Super 263.45
Diesel 265.65

Similarly, diesel prices have fallen internationally by $4.35 per barrel, bringing the rate down from $84.27 to $79.92 per barrel.

Experts say that with global petroleum rates declining, Pakistanis could see a substantial reduction in fuel prices at the start of 2026. However, the final decision on domestic fuel rates will be made by the government.

This anticipated price cut is likely to bring relief to commuters, businesses, and households alike, making the start of the new year lighter on the pocket for millions across the country.

Web Desk

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