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Petroleum product prices may see reduction in April

MM News Staff by MM News Staff
March 30, 2023
(file photo)

Another huge hike in petrol price likely from 1st September

ISLAMABAD: Prices of petroleum products are expected to go down in the country from April 1.

Due to fluctuations in the price of crude oil in the world market, the prices of petroleum products in the country may decrease from April 1.

The price of diesel in the country is likely to decrease by 15 to 20 rupees per liter while the price of petrol may decrease by 4 to 5 rupees per liter.

Read more: IMF rejects petrol subsidy proposal: Report

Apart from this, Oil and Gas Regulatory Authority (OGRA) will send the summary of changes in the prices of petroleum products to the Ministry of Finance. On the other hand, some industry sources say that the prices are unlikely to change.

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