Petroleum Prices Drop Expected: Rs 12 per Litre Relief Ahead

ISLAMABAD: The government is likely to announce a significant reduction in petroleum prices soon, according to media reports. The price of petrol is expected to drop by up to Rs 12 per litre, providing relief to the public.

The expected price drop is attributed to the decline in global oil prices, which have fallen by $5.14 per barrel, bringing the price to $89 per barrel. Similarly, diesel prices have decreased by $4, trading at $93.88 per barrel.

Read Also:  Federal Government Implements National Firewall to Control Social Media Content

The reduction in petroleum prices is expected to have a positive impact on the Pakistani economy and provide relief to the public. The government’s decision to pass on the benefit to the public is seen as a welcome move.

The official announcement is expected on June 15, and people are eagerly awaiting the confirmation of the price drop.

Source: Samaa.Tv