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Visible Reduction in Petrol, Diesel Prices in Pakistan on Cards

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LAHORE MIRROR — The price of petrol is expected to decrease by Rs36, while the price of high speed diesel is expected to decrease by Rs19 per liter on Sunday.

The ex-refinery price of petrol has decreased by Rs36 to Rs206 per litre, while the ex-refinery price of diesel has also decreased by Rs19 to Rs233.

In the global market, the price of petrol has decreased by 10 dollars to 104 dollars per barrel, while the price of diesel has decreased by 8 dollars to 118 dollars per barrel.

Economists say due to the continuous improvement in the value of the Pakistani rupee, the prices of petroleum products are likely to decrease, but the final decision will be taken by the caretaker government on October 15.

The caretaker government had reduced the price of petrol by Rs8 on September 30, after which the new price of petrol is Rs323.38 while high speed diesel is also available at Rs318.18 cheaper by Rs11.