Petrol and other petroleum products may become cheaper from January 1, 2026, following a decline in international crude oil prices. Officials say a plan has been prepared to reduce rates for the first fifteen days of the month.
Petrol prices are expected to fall by up to Rs10.60 per litre, while high-speed diesel could decrease by up to Rs8.59 per litre.
Kerosene oil may drop by Rs8.92 per litre, and light diesel oil by Rs6.62 per litre.
If the plan is approved, petrol would cost around Rs252.85 per litre, down from Rs263.45. High-speed diesel would fall to approximately Rs257.06 per litre from Rs265.65, and kerosene oil could decrease to Rs171.62 from Rs180.54.
Officials say the revisions are part of measures to align domestic prices with the drop in international crude oil rates. The reduced rates will apply for the first half of January, after which prices may be reviewed again.