What Could Be New Petrol Price In Pakistan?

KARACHI: In view of the falling oil prices in the international market, the government has decided to pass on the benefit of reduced prices of petroleum products to the consumers in Pakistan and is expected to cut down the rate of petrol by Rs10 and diesel by Rs25 per litre, sources in the Petroleum Division said.

A day earlier, Prime Minister Shahbaz Sharif sought a summary from the Ministries of Finance and Petroleum recommending a reduction in the price of petroleum products after the oil price decreased in the global market.

Taking to Twitter, PM Shahbaz said, “I have ordered Ministries of Petroleum & Finance to pass on the reduction in the prices of POL products in the international market to people. They have faced economic difficulties & the relief is their right. With Allah's grace, we will continue to bring ease in their lives, IA.”

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