Good News Expected for Reduction in Petrol Prices on 15 October
Good News Expected for Reduction in Petrol Prices on 15 October. After the decrease in the prices of petroleum products at the global level. The possibility of a big decrease in the prices of petroleum products also expected in Pakistan as well.
The price of petrol in the world market recently decreased by 12 dollars. After which the price of petrol reached the level of 102 dollars per barrel. While the price of diesel has decreased by 9 dollars to 117 dollars per barrel. After the reduction in prices, the price of petrol locally expected to decrease by Rs 38 per liter. While the price of diesel expected to decrease by Rs 18 per litre.
On the other hand, the prices of petroleum products are likely to decrease due to the continuous increase in the value of the rupee, but the final decision will be taken on October 15.
It may be remembered that the caretaker government had reduced the price of petrol by Rs 8 on September 30, after which the new price is Rs 323.38, while high speed diesel is also available at Rs 318.18 after reducing the price by Rs 11.