Petroleum product prices could see large drop after dip in international rates
People in Pakistan could be in for major reveal as petroleum products prices are likely to decrease by Rs11 per litre .
Due to falling crude oil prices in the global market, petroleum products in Pakistan may also become cheaper.
The price of diesel may see a reduction of over Rs10 per liter, and kerosene prices to decrease by up to Rs8.
An announcement regarding the price cuts for petroleum products is expected on the night of September 15, with Finance Minister Muhammad Aurangzeb making the final declaration upon approval from Prime Minister Shehbaz Sharif.
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Petrol and diesel prices to see massive decrease from Aug 1: sources
The crude oil prices in international markets have been consistently declining, leading to reductions in the prices of petroleum products, as well as adjustments in PSO rates and customs duties, which will certainly benefit the public.
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Ishaq Dar
crude oil
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PM Shehbaz Sharif
petrol rates
petrol prices
diesel prices
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