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Pakistan’s Petroleum Prices to Fall as Supply Improves

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Pakistan’s Petroleum Prices to Fall as Supply Improves

Pakistan is preparing for lower fuel costs as petroleum prices fall from December 1, 2025. The expected cut may offer welcome relief to consumers. Industry sources say the new rates will stay in place for two weeks.
The reduction comes after stronger supplies in the global market. Kuwait’s Al Zour Refinery resumed operations at several units. As a result, the increased output has eased earlier shortages.
Petrol may drop by Rs3.70 per litre. The new projected price stands at Rs261.75, down from Rs265.45. High Speed Diesel could fall by Rs4.28 per litre. Therefore, its estimated rate may settle around Rs280.16.
Kerosene might also see a mild decline of Re0.73. Its expected new rate is Rs193.61. In addition, Light Diesel Oil may record the biggest cut of Rs6.35 per litre. This drop could bring its price to Rs164.45.

Market Factors

The downward trend links directly to improved fuel supply across Gulf countries. Earlier maintenance work in Kuwait had reduced availability. However, refineries are now running again, which stabilised regional markets.
In the last review, the government kept petrol unchanged at Rs265.45. It followed Ogra’s recommendation to avoid a price increase. Diesel, however, rose by Rs6 due to tight supply conditions at the time.
Now, with refineries back online, the situation looks more balanced. Supply pressure has eased, and global product prices continue to cool. This shift has created more room for domestic adjustments.
Global crude rates also support the expected drop. Brent has slipped by 1.44% to $62.47 per barrel. WTI has decreased by 1.68%, reaching $58.83 per barrel. Lower crude prices usually translate into softer product prices.
Officials say this combination of improved output and falling crude benchmarks offers a favourable window. Therefore, Pakistan can pass on the benefit to the public in the next price update. Consumers may finally see some breathing space after months of fluctuations.

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