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PoL prices likely to drop from December

Dunya News

Petroleum prices are likely to decrease to lower level of current year.

KARACHI (Dunya News) – Petroleum Oil Lubricants (POL) prices in Pakistan are expected to drop to record low this year after a decline in international market.

According to details, the oil markets fell again on Wednesday, extending losses from a 7-8 percent plunge the previous session as surging supply and the specter of faltering demand scared off investors.

According to experts, following the drop in the oil prices in international market, petroleum prices are likely to decrease to lower level of current year.