Petroleum prices are expected to drop from December 1.

OGRA has sent the summary to the government approving Rs2.9 drop in the price of petroleum products.

According to the summary, high speed diesel is going to be Rs2.40 cheaper and petrol will be Rs 0.25 cheaper.

Light diesel prices are going to drop by Rs2.9 while kerosene is going to drop by Rs0.83.

The finance ministry will make its final decision on this after discussion with the prime minister. The decision is expected to be announced on November 30.

On the condition of approval, the new prices will come into effect from December 1.