Petroleum prices likely to fall down from Aug 16 in Pakistan
Business
Brent crude prices have dropped by $5.72, falling from $71.70 to $65.98 per barrel
ISLAMABAD (Dunya News) – Citizens may get a sigh of relief from August 16 as the government is likely to slash petroleum product prices.
Over the past 11 days, Brent crude prices have dropped by $5.72, falling from $71.70 to $65.98 per barrel.
Similarly, US crude prices have taken a dip of $5.71, sliding from $69.26 to $63.48 per barrel.
Oil prices fall as market eyes US-Russia talks on Ukraine
The official adjustment in local fuel prices will be announced on August 15, paving the way for possible cuts that could ease the burden on consumers’ pockets.
Petrol price slashed by Rs7.54, diesel sees Rs1.48 hike