Aaj English TV

Friday, February 23, 2024  
12 Shaban 1445  

Petrol price could see significant decrease: sources

Diesel price also likely to be slashed
File photo
File photo

As oil prices continue to fall in the international market, prices of petrol and diesl could see a major decrease in Pakistan soon, sources said.

The price of petrol, which currently sits at Rs281.34, could be decreased by up to Rs13.

Similarly the price of diesel could also be slashed by up to Rs15. The price is currently fixed at Rs289.79.

THe per barrel price of both petrol and diesel have fallen by over $5 in the international market in recent days.

Petrol prices are announced every fortnight in Pakistan, with the next announcement due on December 15.

The vale of the rupee against the dollar as well as international prices of oil are both major contributors to the price of petrol and diesel in Pakistan.

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