A big drop in the prices of petroleum products is expected
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The prices of petroleum products in the country are likely to decrease significantly for the fourth consecutive time since September 16.
According to sources, the international prices of petrol and high speed diesel have decreased by about 5 dollars per barrel. It is expected that this reduction will have an impact on the prices of petroleum products in Pakistan as well.
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Provided that petroleum levy remains unchanged and the final exchange rate calculation and existing tax rates are taken into account.
Sources say that Petrol And the price of high speed diesel is expected to be reduced by Rs 10 per litre, after which the new price of petrol will be Rs 249.10 from September 16, while the price of high speed diesel will be Rs 252.75.
However, the final announcement of changes in the prices of petroleum products will be made after the approval of the Prime Minister.
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It should be noted that on September 1, the government had reduced the prices of petrol and high speed diesel by Rs 1 86 paisa and Rs 3 32 paisa per liter respectively for the first two weeks of the month.
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