Petroleum prices in Pakistan to be reduced by Rs 38 per liter
Shares
In the global market, the price of petrol has fallen below the 200-rupee mark, and crude oil prices have also reached their lowest point in 2 months. Due to the increase in the value of the Pakistani rupee, the price of the dollar has decreased, leading to a decrease in the price of gold as well.
Continuous reductions in the prices of petroleum products are occurring in the global market, which is indicating the possibility of relief for the Pakistani public. There is a possibility of a reduction of 38 to 41 rupees in the price of petrol.
In the global market, petrol has become cheaper by $12, and diesel by $9 per barrel. The price of petrol in the global market has reached $102 per barrel, meaning that the price of 1 liter of petrol in Pakistani rupees is now 182 rupees. Meanwhile, the price of diesel in the global market has also reached $117 per barrel.
According to media reports, oil prices have fallen by more than 5%, reaching their lowest point in 2 months.
