Pakistan’s Petroleum Prices Expected to Drop From December 1
Good news for Pakistanis! According to market trends and government indications, petroleum prices in Pakistan are expected to decrease starting December 1. This is welcome relief for consumers struggling with inflation and rising expenses.
Why Prices Are Expected to Drop?
Here are the major reasons:
1. Global Oil Prices Falling
International crude prices have declined in November, giving Pakistan an opportunity to adjust rates downward.
2. Stronger Pakistani Rupee
A slight improvement in PKR against USD has reduced import cost.
3. IMF-Aligned Pricing Formula
Pakistan now adjusts fuel prices every 15 days based on:
- Global oil market
- Exchange rate
- Freight charges
- Refinery margins
4. Domestic Political Pressure
Government aims to provide relief before winter heating demand increases.
Expected New Prices (Estimated)**
| Fuel Type | Expected Price (PKR) |
|---|---|
| Petrol | -8 to -12 PKR per litre |
| High-Speed Diesel | -5 to -10 PKR per litre |
| Light Diesel | -4 to -8 PKR per litre |
(Final numbers may vary depending on last-week global oil movements.)
If global trends remain stable, Pakistan could see meaningful fuel price relief starting December 1. Stay connected with TrustedPakistan.com for updates on fuel price changes.
