Aaj English TV

Sunday, July 07, 2024  
30 Dhul-Hijjah 1445  

Petrol prices likely to see massive decrease

The global market has seen a $4 reduction in the price of diesel
People gather to get petrol at a petrol station, after Pakistan Petroleum Dealers Association (PPDA) announced a countrywide strike. Reuters
People gather to get petrol at a petrol station, after Pakistan Petroleum Dealers Association (PPDA) announced a countrywide strike. Reuters

Petrol and diesel prices could be lowered by as much as Rs12 in Pakistan, according to sources.

The expected reduction in petrol prices is being attributed to the global market.

The global market has seen a decrease of $5.14 in prices, and as a result, prices in Pakistan are also expected to drop by up to 12 rupees.

After the reduction in global market prices for petrol, the price has now settled at $89 per barrel.

Read more

Govt cuts petrol price by Rs4.74 after brief confusion

Petrol prices in Pakistan expected to fall after decrease in global market

PM, PTV retract tweets on massive decrease in petroleum prices

Meanwhile, the global market has seen a $4 reduction in the price of diesel. As a result, the price of diesel has now reached $93.88 per barrel.

For the latest news, follow us on Twitter @Aaj_Urdu. We are also on Facebook, Instagram and YouTube.

Pakistan

budget

petrol prices

diesel prices

budget 2024 25

decrease