pakistan
Petrol prices in Pakistan likely to decrease amid global oil price decline
Key takeaways
- Sources said the initial working for the revision in petroleum prices has been completed.
- Official sources stated that the Oil and Gas Regulatory Authority (OGRA) is preparing to forward its recommendations to the Petroleum Division after completing preliminary calculations.
- However, the final decision regarding revised petrol and diesel prices will be announced only after approval from Prime Minister Shehbaz Sharif.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize ISLAMABAD: Petrol and diesel prices in Pakistan are expected to decrease following a downward trend in international oil prices amid growing prospects of a possible US-Iran peace deal aimed at ending the conflict.
Sources said the initial working for the revision in petroleum prices has been completed.
Official sources stated that the Oil and Gas Regulatory Authority (OGRA) is preparing to forward its recommendations to the Petroleum Division after completing preliminary calculations.
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