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Prices of petroleum products in Pakistan are likely to decline

Prices of petroleum products in Pakistan are likely to decline

Crude oil prices are falling in the global market, which is likely to reduce the prices of petroleum products in Pakistan for the next 15 days.

According to the report, sources said that Brent crude oil in the global market has reached $ 64.71 a barrel, which is likely to be cheaper from Rs 8 to Rs 10 per liter.

Sources say that the government has currently imposed Rs 70 per liter levy on petrol and diesel.

The GST rate is considered in the global market in view of the steady decline in prices of petroleum products.

On March 31, the government also adjusted electricity prices instead of reducing the prices of petroleum products.



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