Petrol prices likely to see massive decrease
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.
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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.
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