Islamabad – Pakistani consumers may finally receive long-awaited relief as petrol prices are expected to decrease in the first week of December. Early estimates suggest a significant cut of Rs 4 to Rs 6 per litre, driven by a decline in global oil prices and improved exchange rate stability.
Sources indicate that the Oil and Gas Regulatory Authority (OGRA) has prepared its summary, and the final decision will be taken by the federal government ahead of the new month’s price announcement.
If approved, the reduction will ease transportation costs, bring down freight charges, and help stabilize inflation as the winter season approaches.
For millions already facing high living costs, this expected cut brings a welcome breath of relief.