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Pakistan Weighs Fuel Price Cuts of Up to Rs12 Per Litre From Dec. 16

OGRA will submit its summary on Dec. 15 pending the prime minister's approval.

Overview

  • Provisional estimates point to reductions of about Rs0.36 for petrol, Rs11.85 for high-speed diesel, Rs11.70 for kerosene, and Rs10.01 for light diesel per litre.
  • If approved, indicative pump prices would be Rs263.09 for petrol, Rs267.80 for high-speed diesel, Rs181.16 for kerosene, and Rs153.76 for light diesel per litre.
  • The proposed revision would take effect on Dec. 16 following the routine fortnightly price review process.
  • Officials caution that the final figures could change based on international oil movements and exchange-rate shifts.
  • A larger cut in high-speed diesel would have broad effects on transport and agriculture, following a smaller across-the-board reduction announced on Nov. 30.