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Good News for Commuters as Petrol Prices May Drop Tomorrow

On Monday, a Rs. 10/liter drop in petrol prices was predicted in the next fortnightly review.

Citing industry officials, a media report states that the ex-refinery fuel prices will drop by Rs. 10-12/liter in the upcoming review. However, the exchange rate adjustment will allow a mere Rs. 10/liter decline for the public.

An official stated that the diesel price will likely decline by Rs. 4-5/liter. He added that the government will probably announce the new prices of petrol and diesel in the next fortnightly review.

Previously, the price review reduced diesel from Rs. 288 to Rs. 258/liter, whereas petrol price went from Rs. 282 to Rs. 270/liter.

Officials added that the global oil prices recently saw a minor rise, while the interbank exchange rate did not fluctuate. Oil prices have been rising steadily, which pressurizes the government when it comes to lowering the end-consumer rate.

The officials highlighted that the recent global oil price drop allowed for some relief. Time will tell if the government can carry this trend forward.

  • 10 rupee Kam krk 50 rupee barha dengy Kiya faida… Aur ab to government ko apni image sahi Karni hai to yh lollipop to dengy for time being

  • May Allah have mercy on you, please reduce the set prize bond, people are very worried.
    Inflation has become very high, it is very difficult to live now, for the sake of Allah, have some mercy

  • They claim and ispr confarm that when Russia oil reached it Will be on 160 /liter lier have no self respect.

  • Government to 40 rupay se zayada ki baat kr rhi ha.. to ye 10 ka kya scene ha ab

  • Kam say kam 180rs tak decrease karain phir Awam ko faida hoga 10 ya 20 say koi farak ni parta

  • Ais mulik Ka bera garak kernay walay waqeel hain Jo chout bol bol ker mujramoon ko saza say bacha laytay Hain.. ager waqeel sincere ho Jain to mulik sawarin jae…

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