ISLAMABAD: Petroleum prices for the second half of November are set for mixed adjustments, with official estimates indicating a reduction in petrol rates but a significant rise in diesel and other key fuels. Market data and industry sources confirmed on November 13 and 14 that consumers in Islamabad and across the country should prepare for substantial changes once the new pricing cycle begins on November 16.
According to available projections, the price of petrol is expected to register a slight decrease of nearly two rupees per litre. The marginal drop offers limited relief to motorists following several weeks of stable to rising rates. Analysts attribute the expected decline to a softening trend in global gasoline prices, although the impact remains modest compared to fluctuations seen earlier in the quarter.
In contrast, the price of high-speed diesel is likely to increase sharply. Estimates suggest an upward revision of more than nine rupees per litre, pushing diesel close to the 288-rupee mark. This surge is driven by elevated international premiums on diesel cargoes and higher import costs. The increase will directly affect freight, agriculture and industrial sectors, making diesel the most consequential price adjustment for the upcoming fortnight.
Kerosene oil and light diesel oil are also projected to become more expensive. Forecasts indicate that kerosene may rise by almost nine rupees per litre, while light diesel oil could see an increase of over seven rupees. These adjustments will burden low-income households and small businesses, particularly in regions where these fuels are still heavily used for heating, cooking and local transport.
Energy experts note that the government is following the standard pricing mechanism linked to global oil markets and exchange-rate movements. The weakening of the rupee has further tightened the pricing environment, reducing the space for domestic cushioning even when international benchmarks ease.
The expected petroleum price revision for mid-November reflects the continued volatility of global energy markets and signals another challenging fortnight for consumers, transporters and industries in Islamabad and beyond.
