Petrol, diesel prices likely to drop significantly – Pakistan

Petrol, diesel prices likely to drop significantly – Pakistan

After the government has increased the price of petrol twice in a row, it is now possible that for the next 15 days from August 1, the price of petrol will increase by Rs.3 per liter and the price of high-speed diesel by Rs.8.50 per liter. May be lacking.

According to media reports, the price of petroleum products in the global market has decreased by 2 dollars and 3 dollars per barrel respectively during the last 15 days.

In this context, the price of petrol is likely to decrease by Rs 2.90 paise and the price of diesel by Rs 8.50 per litre.

Officials said that in the last 15 days, the average price of petrol in the international market has decreased from 89.50 dollars per barrel to 87.50 dollars, while diesel has decreased from 96.93 dollars to 94 dollars per barrel.

Ignore the Prime Minister’s decision? Marginal reduction in petrol and diesel prices

Currently, the price of petrol is Rs 275 60 paise and diesel is Rs 284 per litre. After the new prices, petrol will remain above Rs 272 while diesel will remain close to Rs 275 per litre, provided the government does not increase the rate of petroleum levy. Do it.

It should be noted that on July 15, the government had increased the price of petrol by Rs 9.99 per litre. After which the new price of petrol increased from 265 rupees 61 paise to 275 rupees 60 paise per litre.

Between May 1 and June 15, the prices of the two products were reduced by Rs 35 and Rs 22 per liter respectively.

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2024-07-28 22:34:59

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