Get ready for some good news as the cost of petroleum products is anticipated to take a pleasing plunge starting December 1. Sources reveal that Ogra has swung into action, initiating adjustments in the pricing of these essential commodities. Thanks to the favorable shift in global market dynamics, Pakistan is poised to witness a welcoming drop in the prices of petroleum products.
Anticipate a substantial reduction of 7 rupees per liter in the price of petrol and a noteworthy 6 rupees per liter in diesel costs. The much-anticipated announcement of the new petroleum product prices for the upcoming 15 days will be unveiled following the caretaker Prime Minister’s approval.
Adding to the positive vibes, global crude oil prices are experiencing a further downturn. In an interesting turn of events, reports from world media suggest that the price of Russian oil per barrel has dipped below the 60-dollar mark.
This double dose of good news is set to bring relief to consumers and businesses alike, providing a boost to the economy.