Over the past several months, oil prices have fallen significantly in the global market, but the Pakistani government has not passed on this reduction to its people.
The government revises oil prices every fortnight. The people have been waiting for a major reduction in petrol and diesel prices for several months, but every time the government announces new prices, the people get nothing but disappointment.
This time too, the people hope that the government will give them an Eid gift by announcing a major reduction in the prices of petroleum products on May 31, but on the other hand, sources are telling something else.
According to sources, this time too, the government will either maintain the prices or make a slight reduction.
According to a report, there may be a slight reduction in petrol and diesel prices, while the prices of kerosene and light diesel may increase.
According to industry and official figures, petrol is likely to be cheaper by Rs 0.60 per liter and high-speed diesel by Rs 0.28 per liter.
Sources have also indicated a strong possibility of maintaining prices, but the final decision will be made on May 31.
