Islamabad: Petrol prices in Pakistan are likely to see a significant decrease from November 16, offering much-needed relief to consumers amid ongoing inflationary pressures.
According to initial estimates from the Oil and Gas Regulatory Authority (OGRA), the upcoming revision may lead to a cut of Rs5 to Rs8 per litre in petrol prices. The expected drop comes as global crude oil prices continue to decline, easing pressure on domestic fuel costs.
Meanwhile, high-speed diesel (HSD) prices may also fall by Rs3 to Rs5 per litre, depending on international market trends and exchange rate stability. The final decision will be made after a detailed review by the Ministry of Finance in consultation with OGRA.
Experts say the potential reduction could help lower transport costs and provide moderate relief in commodity prices. However, they also caution that future adjustments will depend on global oil trends and the rupee-dollar parity.
The new prices, once approved, will take effect from November 16, 2025, following the government’s routine fortnightly fuel price review.
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