KARACHI: Pakistanis may finally catch a break as petroleum prices are expected to drop by as much as Rs6.35 per liter, offering some much-needed relief.
The possible decrease follows an improvement in global oil supply, creating room for price adjustments at home. Petrol is likely to go down by Rs3.70 per liter, while high-speed diesel may see a reduction of Rs4.28 per liter.
December Petrol Price Update
| POLs | Current Price | Expected Price Cut | New Exp. Price |
|---|---|---|---|
| Petrol (Super) | 265.45 | 3.70 | 261.75 |
| High-Speed Diesel | 284.22 | 4.28 | 279.94 |
Light diesel oil is projected to fall by Rs6.35 per liter, and kerosene may drop by Rs0.73 per liter, which would bring its revised price to Rs193.61 per liter.
If these adjustments take effect, millions of people across the country could see some relief in transportation and business expenses.