The expected reduction in petrol prices is being attributed to the global market.
ISLAMABAD: Petrol and diesel prices could be lowered by as much as Rs12 in Pakistan, according to sources.
The expected reduction in petrol prices is being attributed to the global market.
The global market has seen a decrease of $5.14 in prices, and as a result, prices in Pakistan are also expected to drop by up to 12 rupees.
After the reduction in global market prices for petrol, the price has now settled at $89 per barrel.
More From FactFile: Federal govt surpasses petroleum levy tax collection target
Expected New Petrol Price in Pakistan from June 16
The petrol price is likely to plunge by Rs12 to Rs256.36 per liter, starting from June 16 in Pakistan.
| Commodity | Expected Price per litre |
| Petrol | Rs256.36 |
