The total reduction in petrol and HSD prices is Rs14.64 and Rs17.56 per litre, respectively
ISLAMABAD – Another rate cut – the third consecutive – in the petroleum products is in the offing from September 1 due to fall in price of crude in the global market.
According to sources, petrol and high-speed diesel prices are likely to drop by Rs5 and Rs6 per litre as the international market saw $2 to $2.30 per barrel reduction in the last fortnight. Sources said that the price of crude oil in the world market has reached $79 a barrel. The OGRA will review global crude oil prices on August 30 and send a summary to the finance minister for fixing prices.
Depending on the final exchange rate calculation and existing tax rates, the prices of petrol and HSD are projected to lower by Rs5 to Rs6 per litre. It may be recalled that the ex-depot petrol price stands at Rs260.96 per litre and HSD at Rs266.07 per litre. In the last pricing review, effective August 14, the government reduced the petrol and HSD prices by Rs8.47 and Rs6.70 per litre, respectively.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Another cut in petrol and diesel prices on the cardsPetrol diesel price cut Pakistan expected soon, with a potential reduction in fuel costs for consumers across the country.
Baca lebih lajut »
Prices of petrol, diesel in Pakistan reduced by Rs6.17 & Rs10.86 per litre respectivelyRates of petrol, diesel have been reduced by Rs6.17 & Rs10.86 per litre respectively announced by federal government on Wednesday
Baca lebih lajut »
Hafiz Naeem asks govt to release JI workers or face consequencesJI emir also demands reversing of the latest increase in petrol prices and facilitating public
Baca lebih lajut »
Petrol price in Pakistan likely to be cut from Aug 15Due to a drop in global oil prices, Pakistan may experience another substantial decrease in petrol prices starting from August 15
Baca lebih lajut »
Expected petrol prices in Pakistan – August 16, 2024Petrol prices in Pakistan are expected to see a notable decrease in the upcoming fortnightly review on August 15, 2024
Baca lebih lajut »
JI emir Hafiz Naeem warns to move sit-in to D-chowkJI emir demands reversing of the latest hike in petrol prices and lift the petroleum development lev
Baca lebih lajut »