Fuel Price Reduction Expected on December 1 Across Pakistan
The government expects a fuel price reduction from December 1 as global oil markets cool. This likely shift gives people across the country some early relief. In addition, the latest estimates show clear drops for major petroleum products.
Expected Changes in Fuel Rates
Petrol may fall by Rs3.70 per litre and settle near Rs261.75. Diesel may drop by Rs4.28 and reach about Rs280.16. These reductions can ease pressure on transport services and farming communities. Kerosene oil may move down to Rs193.61, while light diesel oil may decline to Rs164.45. As a result, families in regions without LPG access may find some comfort.
People who rely on motorbikes and cars also expect noticeable relief. Fuel demand remains high in Punjab due to strict limits on CNG stations. Therefore, a lighter fuel bill can help many households manage daily expenses.
How Taxes Shape the Final Price
Taxes still play a major role in what people pay at the pump. The petroleum levy on diesel stands at Rs75.41, along with a Rs2.50 CSL. Petrol carries an even higher levy of Rs97.62 plus the same CSL. However, the government currently charges no sales tax on any of these fuels.
Officials redesigned the tax structure to control all revenue from petroleum products. This shift reduced the sales tax share that usually goes to provinces. In addition, the petroleum levy was meant to support long-term projects such as new oil storage facilities. However, governments have directed these funds toward regular expenses instead.
Many people hope future collections will support real improvements. Better planning can build a more stable fuel system and reduce sudden shocks. For now, the expected December cuts offer short-term relief as broader reforms continue to unfold.
