ISLAMABAD: Buyers might experience a reduction at the fuel station soon as petrol and diesel costs are anticipated to decrease starting December 16 2025 due to a fall in worldwide crude oil prices.
Reports indicate that petrol prices might fall by 36 paisa per liter whereas high-speed diesel (HSD) prices may decline by Rs 11.85 per liter. A major national newspaper states that buyers may gain from a cut of up to Rs 11.70, per liter.
The final decision on the revised petroleum product prices will be made after the approval of the Prime Minister and the new rates are expected to come into effect on December 16.
This modification is because worldwide oil prices are still unstable, which is good news for consumers in the face of increasing living costs.
ALSO READ: prices dropped for next 15 days
Gas prices to soar after OGRA approves price hike
The Oil and Gas Regulatory Authority (OGRA) has sanctioned a rise in gas prices for the fiscal year averaging an increase of 7.14%. This move follows statements from OGRA suggesting a possible 8% decrease in gas prices.
As per OGRA the gas price for Sui Northern Gas Pipelines Limited (SNGPL) is fixed at 1852.80 Pakistani Rupees per MMBTU, whereas for Sui Southern Gas Company (SSGCL) it is set at 1777.02 Pakistani Rupees, per MMBTU.
Previously, OGRA had proposed a decrease in gas prices. The latest update reveals that rather than a decrease the regulator has sanctioned a price rise for this fiscal period. This increase is expected to affect both homes and businesses, adding to the escalating cost of living.
The price adjustment follows a series of challenges faced by the gas distribution companies, including increasing international fuel costs and the ongoing financial pressures on Pakistan’s energy sector. OGRA’s decision is expected to provoke a strong reaction from consumers, especially as inflation continues to affect essential goods and services.
