16. Possibility of increase in prices of petroleum products
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The prices of petroleum products in the country are likely to increase further from December 16.
According to the report of Moqar National Newspaper, the prices of American crude oil and British Brent have been recorded in the global market.
The price of American crude oil increased by 63 cents during ten days in the world market. US crude oil is trading at 68 dollars 5 cents per barrel in the world market.
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The price of British Brent recorded an increase of 73 cents, after which British Brent is trading at 71.85 dollars per barrel.
On December 15, the price of petroleum products will be revised in the country, the government will take a final decision based on the summary sent by Ogra.
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