A major drop in petrol prices is likely

Canada Globel (web news)Oil prices are continuously decreasing in the global markets, while the benefit of this decrease has not yet been received by the Pakistani people.

People of Pakistan are forced to buy expensive petrol and diesel while the price of crude oil in the global market has reduced to 71 to 75 dollars per barrel.

According to the sources of the Ministry of Petroleum, the price of petrol in Pakistan is around 186 rupees in international ratio, petrol is being purchased at 76 to 77 dollars per barrel.

At present levy charges are being levied on petrol at Rs 50 per liter while sales tax on all petroleum products is still zero.

According to the sources of the Ministry of Petroleum, the government is earning up to Rs
It should be noted that the prices of petroleum products will be revised on December 15.

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