Starting December 1, Pakistan is likely to see a drop in petroleum prices as part of the fortnightly review. Petrol may fall by around Rs 3.70–Rs 4.30 per liter, while high-speed diesel (HSD) could decrease by Rs 4–Rs 6 per litre.

This adjustment is being driven by a favourable shift in global oil markets and improved supply conditions—including revived refinery output in Gulf countries—which have eased international crude and refined product prices. The expected reduction covers not only petrol and diesel but also kerosene and light diesel oil.

If approved, the new rates will offer some relief to households, transporters, and businesses burdened by high fuel costs—potentially easing inflationary pressure on transport and commodity prices nationwide.