Petroleum prices likely to be decreased by Rs12 per litre
Business
Petrol to drop by Rs 12, diesel Rs 8.45 per litre
LAHORE (Dunya News) - The petroleum prices are likely to decrease by up to Rs12 per litre due to decline in international oil prices and premium rates.
Sources said that due to a $5.14 decrease in international prices, the price of petrol in Pakistan is likely to drop by Rs12 per litre. The current price of petrol in the global market stands at $89 per barrel.
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Similarly, with diesel prices in the global market falling by $4 to $93.88, the price of diesel in Pakistan is expected to decrease by Rs8.45 per litre.
It is noteworthy that since April 16, the price of petrol has already been reduced by Rs 24 per litre, while the price of diesel has decreased by Rs 20 per litre.
