The Ministry of Petroleum has issued a notification confirming the latest changes to fuel prices across Pakistan. Petrol (Motor Spirit) will remain at Rs263.45 per litre, while high‑speed diesel is set to fall by Rs14, reaching Rs265.65 per litre.
Background to the adjustment
Earlier drafts of the working paper had predicted a broader reduction, with diesel possibly dropping by Rs11.85 to around Rs270.80 per litre, kerosene by Rs11.70 to roughly Rs181.16, and light diesel oil by Rs10.10 to about Rs153.76. The smallest anticipated move was a Rs0.36 cut to petrol.
These figures followed a previous fortnightly review in which the government trimmed petrol by Rs2 to Rs263.45 and reduced high‑speed diesel by Rs4.79 to Rs279.65, a measure meant to ease the cost burden on motorists and transport operators.
Officials have emphasized that fuel prices will continue to be closely monitored, especially as international oil markets remain volatile. The Petroleum Division is expected to announce the confirmed figures for the next fortnight after the Prime Minister’s sign‑off.
Looking ahead, the government could consider further adjustments if market volatility persists, may keep the current rates for the upcoming review cycle, or could introduce additional subsidies to temper inflationary pressures on households.
Frequently Asked Questions
What are the newly announced petrol and high‑speed diesel prices?
Petrol will stay at Rs263.45 per litre, and high‑speed diesel will be reduced to Rs265.65 per litre.
When were these price changes officially announced?
The notification was issued as part of the latest fortnightly review, with the final working expected to reach the Finance Ministry on December 15.
How often does the government review petroleum prices?
The adjustments are made on a routine fortnightly basis, pending approval from the Prime Minister after OGRA’s calculations are submitted.
What impact do you think these fuel price changes will have on everyday commuters?
