In response to the drop in the price of oil globally, Pakistan is expected to see a sharp increase in the price of petroleum products starting on September 16.
On Thursday, sources disclosed that a reduction of Rs11.70 per litre is anticipated in the price of gasoline. Up to Rs11.91 down per liter is anticipated in the price of high speed diesel.
It is anticipated that the cost of kerosene oil will drop by Rs8.30 per litre.
Additionally, there is a chance that the cost of light diesel will decrease by Rs9.50 per liter.
According to the market data, the Oil and Gas Regulatory Authority (Ogra) has finished the preliminary work and will submit it to the government on September 15.
