Petroleum prices in Pakistan are expected to decrease from December 16, following a decline in international oil prices and revised calculations by relevant authorities. Industry sources indicate that the price of petrol and high-speed diesel may be reduced, providing some relief to consumers amid inflationary pressures.
The final decision will be announced by the federal government after consultation with the Oil and Gas Regulatory Authority (OGRA) and approval from the prime minister. Officials said the expected cut reflects global market trends and adjustments in import costs, though exact figures will be confirmed in the official notification.