ISLAMABAD: A significant reduction in the prices of petroleum products is expected in Pakistan for the next 15 days from December 1, 2025.
According to industry and government sources, a reduction of up to Rs 6.35 per liter is expected from December 1.
The expected relief is being attributed to an increase in global supply, which has become possible after the restoration of several units of Kuwait’s Al-Zour Refinery, one of the largest refining complexes in the Gulf region.
According to preliminary calculations based on 13 days of data, the price of petrol is likely to decrease by Rs 3.70 per liter, after which the price of petrol per liter may decrease from Rs 265.45 to Rs 261.75 per liter.
On the other hand, the price of high-speed diesel is expected to decrease by Rs 4.28 per liter, after which the price may decrease from Rs 284.44 to approximately Rs 280.16 per liter.
A slight decrease is expected in the price of kerosene, that is, after a decrease of Rs 0.73, the price of kerosene may decrease from Rs 194.34 to an estimated Rs 193.61 per liter.
According to sources, the price of light diesel oil is expected to decrease the most, after a decrease of Rs 6.35 per liter, its price will decrease from Rs 170.80 to Rs 164.45 per liter.
ISLAMABAD (Rizwan Abassi): Pakistan’s recent trade policy has gained significance amid reports that the United…
ISLAMABAD: Important legislation may be considered in the negotiations between the Pakistan People's Party (PPP)…
ISLAMABAD: If you are thinking of applying for a UK visa from Pakistan and are…
LAHORE: The Drugs Control of Punjab declared a Class-I alert after the lab tests confirmed…
KARACHI: The government has decided to include unmarried women above the age of 35 in…
ISLAMABAD: The Pakistan Institute of Development Economics (PIED) has recommended setting the minimum monthly wage…