On December 15, there is predicted to be a significant drop in fuel prices in Pakistan of up to Rs. 15 per liter. According to preliminary estimates, the price of MS Petrol would reduce by Rs. 13 and that of High-Speed Diesel by Rs. 15.
In the event that global prices continue to rise over the coming days, local prices for gasoline and diesel could drop to Rs. 268–269 and Rs. 274–275, respectively, in the upcoming fortnightly prices that take effect on December 15, 2023.
A major factor in the anticipated decrease is the benefit of low worldwide fuel prices since the last assessment of domestic fuel prices.
On December 16, the country is likely to see a reduction in the price of gasoline by Rs. 13 and diesel by Rs. 15, respectively, due to a $5.49 decrease in the price of fuel products on the international market.
On November 30, the price of diesel was reduced by Rs. 7 to Rs. 289.71 per liter, while the price of gasoline was kept at Rs. 281.34 per liter. The ex-refinery and ex-depot pricing of petroleum products did not show any significant changes over the previous two weeks as of the time of the most recent biweekly review.
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