The prices of petrol and high-speed diesel in Pakistan are likely to decrease by PKR 8 to PKR 10 per liter from November 15 due to low oil prices in the global market.
According to the media reports, the prices of petrol and all petroleum products and diesel are likely to decrease in Pakistan because of the low prices in the global market. The reports stated that the price of kerosene is likely to decrease by 4 and a half rupees per liter, while the price of light diesel may also decrease by 16 rupees and 50 paisa per liter.
On November 15, OGRA will deliver the price summary to the Ministry of Petroleum. The Finance Ministry will give final permission after talking with the Prime Minister.