Islamabad:
Prices of petroleum products are expected to decline significantly from mid -February, the industry has extinguished the working OGRA on petroleum products.
The decline in prices will be in proportion to crude oil prices in the global market.
According to the industry, the price of the high -speed deal is likely to reduce the price by Rs 9 to 11 paise and the price of petrol by Rs 2.5 per liter is likely.
Similarly, kerosene can be cheaper by Rs 3 to 45 paise and light diesel by Rs 5 60 paise.
OGRA will send the final working in proportion to the global market on February 15, Prime Minister Shahbaz Sharif will give final approval on petroleum prices.
The Ministry of Finance will issue a price notification for the next 15 days.
