Petroleum prices in Pakistan are expected to drop from December 1, 2025, offering consumers some much-needed relief for the next two weeks. According to government and industry sources, fuel rates may fall by up to Rs6.35 per litre.

The anticipated reduction comes as global oil supplies improve, largely due to several units at Kuwait’s Al-Zour Refinery—one of the biggest refining plants in the Gulf—resuming operations.

Based on early calculations covering 13 days of international market data, petrol prices are projected to decrease by Rs3.70 per litre, moving from the current Rs265.45 to around Rs261.75. High-Speed Diesel (HSD) may see an even sharper decline of Rs4.28 per litre, bringing its price down from Rs284.44 to Rs280.16.

Kerosene prices are also likely to edge lower by Re0.73, settling at an estimated Rs193.61 compared to the present Rs194.34. Light Diesel Oil (LDO) is expected to experience the largest reduction, with a possible drop of Rs6.35 per litre—from Rs170.80 to about Rs164.45.

The expected downward movement follows improving supply conditions across the Gulf region.

In the last fortnightly review, the government kept petrol prices unchanged at Rs265.45 per litre on the recommendation of the Oil and Gas Regulatory Authority (Ogra). However, HSD prices were increased by Rs6 amid tight supply caused by maintenance work at Kuwait’s Kutais refinery and the temporary shutdown of two units at the Al-Zour refinery.

Now that these facilities are back online, supply constraints have eased, helping stabilise the market and pushing international petroleum product prices downward.

Adding to this relief is a dip in global crude oil prices. Brent crude has fallen by 1.44% to $62.47 per barrel, while WTI crude has slipped by 1.68% to $58.83 per barrel.