ISLAMABAD – The government has officially reduced the prices of major petroleum products, with a new notification issued by the Petroleum Division confirming the changes. The revision follows recommendations from the Oil and Gas Regulatory Authority (OGRA), which reviews fuel prices every 15 days based on global market trends and exchange rate conditions.
According to the notification, the revised petroleum rates will come into effect from December 1, 2025, and will remain applicable for the next 15 days. The latest decision aims to provide relief to consumers as international oil prices show slight stability.
The government has reduced the petrol price by Rs 2 per liter. With this adjustment, the petrol price has decreased from Rs 265.45 to Rs 263.45 per liter. This slight reduction is expected to ease transportation costs and may help control inflation in the coming weeks. Officials believe that consistent monitoring of global markets could lead to further improvements in fuel rates in the future.
The notification also highlights a significant cut in High-Speed Diesel (HSD) rates. The price of HSD has been reduced by Rs 4.79 per liter. The new price now stands at Rs 279.65 per liter, compared to the previous rate of Rs 284.44 per liter. Diesel is widely used in goods transport and agriculture, so this reduction may offer relief to the business community as well as farmers.
The Petroleum Division noted that these adjustments were made after careful evaluation of international oil prices and local economic factors. OGRA’s recommendations played a key role in guiding the new pricing structure. Officials stated that the government will continue to review the petrol price fortnightly to ensure transparency and fairness.
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Consumers across the country are now expecting the new rates to bring slight financial relief. However, experts advise that the long-term trend will depend on global crude prices and currency stability. For now, the latest reduction in the petrol price and diesel rates marks a welcome development for households and businesses alike.
