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Expected Reduction in Petroleum Prices in Pakistan

Date:

Expected Reduction in Petroleum Prices in Pakistan

  • Petrol Prices: Expected to decrease by Rs3 per liter
  • Diesel Prices: Expected to decrease by Rs8.50 per liter
  • Kerosene Prices: Expected to decrease by Rs9.11 per liter

Reason for Price Reduction

  • Decrease in Global Crude Oil Prices: The reduction in prices is likely due to the decrease in global crude oil prices

Announcement of New Prices

  • Date of Announcement: July 31
  • Person Announcing: Finance Minister
  • Preceding Approval: Following the instructions of the Prime Minister

Other Relevant Information

  • OGRA’s Role: OGRA would be sending the final summary regarding the prices of petroleum products to the government
  • Effective Date of New Prices: August 1

#PetroleumPrices #Pakistan #PriceReduction #FuelPrices #OGRA #FinanceMinister

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