اردو
  • Fuel prices likely to decline again

    Fuel prices likely to decline again File Photo Fuel prices likely to decline again

    People gather to get petrol at a petrol station, after Pakistan Petroleum Dealers Association (PPDA) announced a countrywide strike. 

    According to media reports,Petrol and diesel prices could be lowered by as much as Rs12 in Pakistan.

    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.

     

    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.