ISLAMABAD (Daily Pakistan Online): The people of Pakistan are also likely to reap the benefits of lower prices of petroleum products in the global market.
Private TV ARY News, citing sources, claimed that the prices of petroleum products in the world market have dropped by more than 10% and the price of crude oil has dropped to 74 74. The Pakistani government has bought oil at 68 68-74 per barrel in the last 13 days, taking advantage of lower prices in the global market.
Sources said that the purchase of cheap oil could reduce the prices of petroleum products in Pakistan by up to Rs 11 per liter. However, the final decision will be taken after determining the tax level. OGRA has proposed a reduction in the prices of petroleum products by Rs. 8 to Rs.